标题： 关于在家族企业研究中使用财务比率的考虑 显示英文标题

标题： Considerations on the use of financial ratios in the study of family businesses

摘要： 大多数研究家族企业融资决策的经验性工作都使用了财务比率。这些数据表现出不对称性、非正态性、非线性和甚至对会计科目选择进入比率的分子和分母的结果的依赖性。本文使用成分数据分析（CoDa）以及经典分析策略来比较家族企业和非家族企业资产负债表负债结构，并展示结果对所用方法论的敏感性。结果证明了采用适当方法论以推动该学术学科发展的必要性。 显示英文摘要

摘要： Most empirical works that study the financing decisions of family businesses use financial ratios. These data present asymmetry, non-normality, non-linearity and even dependence on the results of the choice of which accounting figure goes to the numerator and denominator of the ratio. This article uses compositional data analysis (CoDa) as well as classical analysis strategies to compare the structure of balance sheet liabilities between family and non-family businesses, showing the sensitivity of the results to the methodology used. The results prove the need to use appropriate methodologies to advance the academic discipline.