Financing and capital structure of family enterprises

Marcin Kawko (1)
(1) Warsaw School of Economics , Poland

Abstract

Financing family firms is one of the key aspects differentiating such enterprises from their competitors. The paper shows a wide range of financing sources available for family firms with special reference to the long-term financing forms such as patient capital. The author presents characteristics of family businesses’ capital structure and dividend policy that are often important competitive advantages of such entities.

References

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Authors

Marcin Kawko
Kawko, M. (2019). Financing and capital structure of family enterprises. Kwartalnik Nauk O Przedsiębiorstwie, 51(2), 91–103. https://doi.org/10.5604/01.3001.0013.2844