Family;
Firm;
Covid;
Finance;
Resilience;
EUROPEAN CAPITAL-MARKETS;
SOCIOEMOTIONAL WEALTH;
CORPORATE GOVERNANCE;
ENTREPRENEURIAL ORIENTATION;
BUSINESS RESILIENCE;
INTERNATIONAL EVIDENCE;
ECONOMIC-CRISIS;
AGENCY COSTS;
OWNERSHIP;
SMES;
D O I:
10.2478/sbe-2023-0026
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
This paper analyses literature related to the impact of COVID-19 on family firms' financial decisions. Presenting their distinctive characteristics and their responses to both past crises and the current one, the aim is to single out the key factors that ensure these firms' economic continuity. The analysis of the key factors shown in the studies makes it possible to identify and understand behavioural aspects, such as those relating to business resilience, employed by owners of family firms, which take precedence over traditional financial management decisions. The analysis of the financial impact of the current crisis on family firms will help improve their resilience to future exogenous impacts.
机构:
Univ Social Sci Lodz, Fac Management, Lodz, Poland
Univ Social Sci Lodz, Dept Entrepreneurship & Family Businesses, Ul Sienkiewicza 9, PL-90113 Lodz, PolandUniv Social Sci Lodz, Fac Management, Lodz, Poland
Marjanski, Andrzej
Sulkowski, Lukasz
论文数: 0引用数: 0
h-index: 0
机构:
Jagiellonian Univ, Fac Management & Social Commun, Krakow, Poland
Clark Univ, Worcester, MA 01610 USA
Univ Social Sci Lodz, Management Dept, Lodz, PolandUniv Social Sci Lodz, Fac Management, Lodz, Poland