Abstract
The purpose of the work is to examine how the equity crowdfunding meets the needs of family firms. For many reasons, the probabilistic approach can be considered inappropriate and too simplistic when explaining the choice of financing source, especially in family businesses which are very heterogeneous. Based on the results of previous research and using the fuzzy linguistic approach, there were assessed the factors influencing the financial decisions and compared the equity crowdfunding to the traditional IPO/issuing shares. The main feature shows that crowdfunding fulfils well the core need of family businesses and using their basic characteristics it minimalizes the weaknesses of social funding.
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Notes
- 1.
Art. 1 point 3 of the Regulation of the European Parliament and the EU Council 2017/1129 of June 14, 2017 regarding the prospectus to be published in connection with the public offering of securities or admission to trading on a regulated market and the repeal of Directive 2003/71 / EC.
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Motylska-Kuźma, A. (2020). The Equity Crowdfunding and Family Firms – A Fuzzy Linguistic Approach. In: Nguyen, N.T., Kowalczyk, R., Mercik, J., Motylska-Kuźma, A. (eds) Transactions on Computational Collective Intelligence XXXV. Lecture Notes in Computer Science(), vol 12330. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-62245-2_7
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