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Family businesses have coped better than others in the pandemic crisis

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Family businesses have coped better than others in the pandemic crisis
dr hab. Krzysztof Safin, source: Newseria

Family businesses are one of the driving forces of the economy in Poland, generating approx. 1/5 of the national GDP. Their distinguishing feature is that they are better at coping with crises and market turbulences compared to the rest of the world. It was also confirmed by the period of the pandemic, in which family companies listed on the WSE provided investors with higher profitability and lower volatility of rates than non-family businesses.

"Family businesses are coping well with crises…

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