Succession and Other Goals of Family Businesses: A Study of Selected Czech SMEs

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F17%3A00004172" target="_blank" >RIV/46747885:24310/17:00004172 - isvavai.cz</a>
Result on the web
<a href="http://www.lef-tul.cz/sekce/LEF_2017.pdf" target="_blank" >http://www.lef-tul.cz/sekce/LEF_2017.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Succession and Other Goals of Family Businesses: A Study of Selected Czech SMEs
Original language description
This article presents selected results of a pilot survey and concerns an ownership aspect, concretely a family ownership in relation with goals of the company. One of the mentioned goals is also “to hand over the company”. This goal is often neglected. The article shows differences in goals between small and medium-sized family companies. Next, it describes correlations among goals, and if the type of manager influences these goals. Suprisingly, results did not confirm that goals are influenced by the type of manager. However, the link among the goals was found. Finally, the article shows if the goal of succession is dependent on years of the company on the market, or on a number of generegations managing the company. Respondents were especially companies with the first or second family generation in the management. Nowadays, family companies are at the stage where it is necessary to mention about the succession. Nevertheless, results show that in most cases companies do not attach importance to the goal “to transfer the company to the next generation”.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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