Open AccessFinancing and capital structure of family enterprises
Author(s) -
Marcin Kawko
Publication year - 2019
Publication title -
kwartalnik nauk o przedsiębiorstwie
Language(s) - English
Resource type - Journals
eISSN - 2719-3276
pISSN - 1896-656X
DOI - 10.5604/01.3001.0013.2844
Subject(s) - competitor analysis , capital structure , business , capital (architecture) , finance , dividend , marketing , debt , archaeology , history
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 tothe long-term financing forms such as patient capital. The author presents characteristics of familybusinesses’ capital structure and dividend policy that are often important competitive advantages ofsuch entities.