Change search
ReferencesLink to record
Permanent link

Direct link
Capital and business structure within small/family businesses: A case study on Liquid Leisure
Jönköping University, Jönköping International Business School, JIBS, Business Administration.
2015 (English)Independent thesis Advanced level (degree of Master (One Year)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

This is a case study on a water sports facility named Liquid Leisure which is owned by Stuart Marston. The aim of this case study is to get a deeper understanding of Liquid Leisure’s capital and business structure and how it affects Liquid Leisure when trying to raise capital. It will also look at potential knowledge gaps within Liquid Leisure and how these potential gaps have formed Liquid Leisure as a company. There are a significant number of research that point out that small/family businesses operates in different ways compared to large businesses. Because of these deviations it is important to know how small/family businesses think to get an understanding of their advantages and disadvantages. This research will provide a deeper understanding of Liquid Leisure as a small/family businesses and how they address corporate governance, bootstrapping and the agency problem. It will also give an understanding of the advantages and disadvantages facing Liquid Leisure when raising debt and equity. These aspects have been compared to the complexity in the characteristics of small/family businesses. This will later be compared to Stuart Marston’s views and how Liquid Leisure is being operated. The results shows that Liquid Leisure has some characteristics in common with other small/family businesses but that Stuart’s behaviour create some complications for Liquid Leisure.    

Place, publisher, year, edition, pages
2015. , 58 p.
Keyword [en]
Small business, Family business, Corporate governance, Financial bootstrapping, Debt, Equity, Agency problem, Capital management, Business seasonality
National Category
Business Administration
URN: urn:nbn:se:hj:diva-27278ISRN: JU-IHH-FÖA-2-20150124OAI: diva2:824948
External cooperation
Liquid Leisure
Subject / course
IHH, Business Administration
Available from: 2015-06-23 Created: 2015-06-17 Last updated: 2015-06-23Bibliographically approved

Open Access in DiVA

fulltext(1161 kB)70 downloads
File information
File name FULLTEXT01.pdfFile size 1161 kBChecksum SHA-512
Type fulltextMimetype application/pdf

By organisation
JIBS, Business Administration
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 70 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 158 hits
ReferencesLink to record
Permanent link

Direct link