Beschreibung
Seminar paper from the year 2014 in the subject Business economics - Investment and Finance, grade: 1,0, Hamburg School of Business Administration gGmbH, language: English, abstract: This home assignment deals with the question whether family firm Mittelstandsanleihen perform better than bonds from the same segment issued by non-family firms. This central issue is accompanied by the clarification of potential reasons for a possible superiority. After providing background information about family firms, small-and-medium-sized companies and corporate bonds, a small study on the most relevant German bond exchanges is presented. The result of the study supports an educated guess in favour for the family firms. Despite of positive robustness tests, the sole performance driven assessment should be enriched with additional creditworthiness data in further studies.