The COVID-19 Crisis and the Financial Impact on Family Firms

被引:0
|
作者
De Zevallos, Gino Felix Dodero Ortiz [1 ]
Clemente-Almendros, Jose Antonio [2 ]
Rosado, Maria Emilia Bahamondes [1 ]
机构
[1] EP NEWMAN, Tacna, Peru
[2] Univ Int La Rioja, La Rioja, Spain
关键词
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.
引用
收藏
页码:86 / 108
页数:23
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