Corporate board composition in family businesses: Evidence from the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F18%3A00105158" target="_blank" >RIV/00216224:14560/18:00105158 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.30924/mjcmi/2018.23.2.155" target="_blank" >https://doi.org/10.30924/mjcmi/2018.23.2.155</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.30924/mjcmi/2018.23.2.155" target="_blank" >10.30924/mjcmi/2018.23.2.155</a>

Result language

angličtina

Original language name

Corporate board composition in family businesses: Evidence from the Czech Republic

Original language description

This paper examines the issue of board composition of family businesses which were established in the Czech Republic in the 1990s, after more than 40 years of private enterprises being forcefully suspended by the socialist regime. So far, there has been no available research investigating manufacturing sector in the Czech Republic (CR) from the perspective of board composition, i.e. the representation of external members and gender diversity, on the characteristic behaviours of the boards of family businesses and their strategic adaptability. This longitudinal study of four family businesses provides valuable information which have not yet been observed against the background of board composition in the manufacturing sector. The results of the interviews conducted in these businesses yield interesting findings about the fact that gender diversity along with the exclusive representation of family members on a corporate board has a very positive influence on strategic adaptability and an impact on the current direction of the business. The results of the study also show how family businesses fulfilling these conditions are better able to cope with negative external influences (e.g. the financial crisis).

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

—

Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2018

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Management : Journal of Contemporary Management Issues

ISSN

1331-0194

e-ISSN

1846-3363

Volume of the periodical

23

Issue of the periodical within the volume

2

Country of publishing house

HR - CROATIA

Number of pages

19

Pages from-to

155-173

UT code for WoS article

000453681000009

EID of the result in the Scopus database

2-s2.0-85063593876