The impact of capital shortages on the financial investment sources of family firms

The study investigates the financial investment sources of family firms which face financial constraints and hose which do not. Its main aim was to identify if capital shortages influence the investments of family firm. Moreover, the survey was aimed to recognize the differences between those family firms which experience capital shortages and those which do not. The results of the investigation are based on the primary research. Presented evidence indicates that capital shortages do not determine the family firms' investments. However, those family firms which experience and those which do not experience capital shortages make generally different choices while financing investments.