Open Access Journal

ISSN : 2456-1304 (Online)

International Journal of Engineering Research in Electronics and Communication Engineering(IJERECE)

Monthly Journal for Electronics and Communication Engineering

Open Access Journal

International Journal of Science Engineering and Management (IJSEM)

Monthly Journal for Science Engineering and Management
Call For Paper : Vol 11, Issue 08, August 2024

ISSN : 2456-1304 (Online)

Call for Paper

Vol 11, Issue 08, August 2024

Indexing

Family Solidarity and Financial Structure of Family SMEs: Evidence from Eastern Democratic Republic of Congo

Author : Mmenge Adolphe 1 Colot Olivier 2 Bauweraerts Jonathan 3 Gahungu Dieudonné 4 Kanyurhi Balemba. 5

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Date of Publication :23rd March 2023

Abstract: The research objective is to analyze the influence of family solidarity on the financial structure of family small and medium-sized enterprises (SMEs) located in Eastern region of Democratic Republic of Congo. Building on a sample of 522 family SMEs, the results suggest that family solidarity has a significant and positive influence on the total debt level of family SMEs. These results reveal the need for owner-managers to ensure harmonious family relationships across generations to have access to financial resources.

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