Publications
Publications
- February 2009 (Revised April 2011)
Financing Growth in Family and Closely Held Firms
By: Belen Villalonga
Abstract
This note describes the second of four modules in Financial Management of Family and Closely Held Firms, an elective MBA course at Harvard Business School. The note analyzes the pros and cons of different equity financing options that are available to family firms such as private equity, strategic alliances, public equity with and without mechanisms for retaining or enhancing control such as dual-class stock or pyramids, and using the family business group as an internal capital market.
Keywords
Citation
Villalonga, Belen. "Financing Growth in Family and Closely Held Firms." Harvard Business School Module Note 209-014, February 2009. (Revised April 2011.)