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A Recent Study Shows That Privately Held Firms Use Less

question 6

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A recent study shows that privately held firms use less financial leverage and enjoy lower costs of debt than publicly traded firms.


Definitions:

Job Descriptive Index

A validated survey instrument that measures an employee's satisfaction with various facets of their job, such as the work itself, supervision, and pay.

Facet Satisfaction

The level of contentment one feels with various aspects of their job, such as pay, working conditions, or coworkers.

Equity Equation

An approach in organizational behavior focusing on fairness and justice in the allocation of resources and treatment of individuals.

Inputs

Resources, such as time, labor, and materials, used in the production process to create outputs or goods and services.

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