Family control and corporate risk-taking in China: Does working capital strategy matter?

This study uses the data of A-share listed family firms during period 2010-18 and employs multiple regression analysis to verify role control working capital strategy for corporate risk-taking in China. also explores regulatory relationship between Chinese firms. Results show that greater encourages behavior whereas conservative diminishes risk-taking. The results suggest a on effects firms’ behavior. Strong weakens negative association conservatism study's findings may help managers adjust response changing strategy. are robust different measures