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2019 | nr 2 | 91--103
Tytuł artykułu

Finansowanie i struktura kapitałowa przedsiębiorstw rodzinnych

Autorzy
Warianty tytułu
Financing and capital structure of family enterprises
Języki publikacji
PL
Abstrakty
Jednym z aspektów wyróżniających firmy rodzinne w światowej gospodarce jest ich finansowanie. W artykule przedstawiono szerokie ujęcie dostępnych źródeł finansowania przedsiębiorczości rodzinnej ze szczególnym uwzględnieniem długoterminowych form finansowania, takich jak kapitał cierpliwy. Zaprezentowane zostały cechy struktury kapitałowej tego typu podmiotów stanowiące nierzadko ważne przewagi konkurencyjne. Poruszona została również problematyka polityki dywidend firm rodzinnych.(abstrakt oryginalny)
EN
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.(original abstract)
Rocznik
Numer
Strony
91--103
Opis fizyczny
Twórcy
autor
  • Szkoła Główna Handlowa w Warszawie, doktorant
Bibliografia
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  • Croci E., et al. (2011), Family control and financing decisions, "European Financial Management", T. 17, No. 5.
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  • de Visscher F.M., Aronoff C.E., Ward J.L. 2011, Financing Transitions Managing Capital and Liquidity in the Family Business, Palgrave Macmillan.
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  • Klimek J., Żelazko B. (red.) (2015), Innowacyjność firm rodzinnych - uwarunkowania i przejawy, Warszawa, Oficyna Wydawnicza Szkoły Głównej Handlowej.
  • Kowalewski O., et al. (2008), Does corporate governance determine dividend payouts in Poland?, "Post-Comunist Economies", T. 20.
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  • Mishra C. S., McConaughy D. L. (1999), Founding family control and capital structure: The risk of loss of control and the aversion to debt, "Entrepreneurship: Theory and Practice", No. 23.
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  • Pernsteiner H., Węcławski J. (2016), Finansowanie i corporate governance w przedsiębiorstwach rodzinnych, Warszawa, Wyd. C. H. Beck.
  • Pindado J., et al. (2012), Do family firms use dividend policy as a governance mechanism? Evidence from the euro zone, "Corporate Governance: An International Review", T. 20.
  • Poutziouris P. (2002), The financial affairs of small family companies, in: Understanding the Small Family Business, Fletcher D.E. (ed.), London, Routledge.
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Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.ekon-element-000171561661

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