Crowdfunding as an Alternative Source of Capital in
FamilyBusinesses Cover Image

Crowdfunding jako alternatywne źródło kapitału w firmach rodzinnych
Crowdfunding as an Alternative Source of Capital in FamilyBusinesses

Author(s): Anna Motylska-Kuźma
Subject(s): Economy
Published by: Społeczna Akademia Nauk
Keywords: crowdfunding; family firms; capital structure; financing decision; source of capital; cost of capital

Summary/Abstract: The main purpose of this paper is to analyse the possibility of using crowdfunding as a source of capital in family businesses. Based on the previous research about capital structure and the financing choices in family firms, the author identifies the core determinants of such decisions and compares them to the basic characters of crowdfunding models.Thus, she assesses the advantages and disadvantages of crowdfunding versus othersources of capital. The main feature is that crowdfunding, fulfils very well the core needs offamily businesses and using their basic characters minimizes the weaknesses of social fundingas an independent form model.

  • Issue Year: 18/2017
  • Issue No: 6.1
  • Page Range: 519-539
  • Page Count: 21
  • Language: Polish