University of San Francisco
The Role of Family Ties in Mitigating Moral Hazard: Firm-Level Evidence from Tamil Nadu, India
Abstract
dc:description.abstract<p>Drawing on firm-level data from the district of Coimbatore in Tamil Nadu, India, this study explores the role of family ties as a means to counteract potential moral hazard concerns. It is shown that firms will be more likely to employ family relations when faced with a higher hidden context for moral hazard. Specifically, the analysis finds that the presence of family members within the firm is higher when the firm provides general training and that firms that are more likely to do external business with family relations when it is believed that the legal system is not effective. Additionally, the results suggest that there may be other factors that are equally or more influential in predicting a reliance on family relations, such as prior experience and profitability.</p>
Degree
thesis:*- Name thesis:degree_name
- Master of Arts (MA)
- Level thesis:degree_level
- Thesis
- Discipline thesis:degree_discipline
- Economics
- Year dc:date.available
- 2012
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Chow, Goldie
- Contributors dc:contributor
-
- Bruce Wydick
Subjects
dc:subject × 11Identifiers
dc:identifier.*- Repository record dc:identifier
- https://repository.usfca.edu/thes/28
- OAI identifier oai:identifier
- oai:repository.usfca.edu:thes-1031