The Financial Strategies in Family Firms – State of the Art Cover Image

Strategie finansowe firm rodzinnych – stan wiedzy
The Financial Strategies in Family Firms – State of the Art

Author(s): Anna Motylska-Kuźma
Subject(s): Business Economy / Management, Micro-Economics, Policy, planning, forecast and speculation
Published by: Społeczna Akademia Nauk
Keywords: financial strategy; family firms; investment decision; cost of capital; firm leverage

Summary/Abstract: The mail purpose of this paper is to establish the current state of knowledge about financial strategies in family firms. To achieve this goal, author makes the review of previous research and studies of family business in this topic. First, the article describes the concept of “family firm” and “financial strategy”. The second part of the papers analyses the articles and research published worldwide, concerning of investment strategy and strategy of financing as the parts of financial strategy used by family businesses. The conclusion of this article is the fact, that the knowledge of the financial behaviours represented by family firms is more or less recognized, but still there are many questions that we do not know the answer.

  • Issue Year: 16/2015
  • Issue No: 7.1
  • Page Range: 217-230
  • Page Count: 14
  • Language: Polish