2020
DOI: 10.1590/1678-6971/eramd200300
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My Business and I: Entrepreneur Personality Traits and Capital Structure Choice

Abstract: Purpose: This research seeks to identify how entrepreneurs’ personality traits can influence the capital structure of micro and small private businesses in Brazil, which are important for the economic growth and the subsistence of their owners. Originality/value: The study of the behavioral dimension of business decisions can help financial agents to better understand client behavior, including the adoption of mechanisms that identify possible risky or inefficient decisions made by managers based on their p… Show more

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Cited by 4 publications
(2 citation statements)
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“…Women try to avoid risk even in potentially non-threatening situations (Baker, 2001). At the same time, research shows that women running micro-small enterprises show a higher degree of optimism and internal locus of control than male managers (Vieira, Valcanover, Potrich, and Cavalheiro, 2020).…”
Section: The Attitude Of Women Towards the Risk Of Running A Businessmentioning
confidence: 98%
“…Women try to avoid risk even in potentially non-threatening situations (Baker, 2001). At the same time, research shows that women running micro-small enterprises show a higher degree of optimism and internal locus of control than male managers (Vieira, Valcanover, Potrich, and Cavalheiro, 2020).…”
Section: The Attitude Of Women Towards the Risk Of Running A Businessmentioning
confidence: 98%
“…Furthermore, it was empirically reasoned that rationality is not always inherent in humans (Kahneman, 2003). Often, economic behaviour is defined as behaviour in the economic sphere of life (Vieira et al , 2020). But such a broad definition does not cover the full range of types of economic behaviour.…”
Section: Introductionmentioning
confidence: 99%