How to run a family business: Main problems and perspectives in management

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F17%3A43949538" target="_blank" >RIV/49777513:23510/17:43949538 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
How to run a family business: Main problems and perspectives in management
Original language description
Found virtually in every sector of the world’s economies, family enterprises are the most common form of business entity in the world. Yet, their ownership, management, and family composition create a complexity that requires special knowledge and skills in order to understand them and to advise them effectively. To be successful as both the company and the family grow, a family business must meet two intertwined challenges: achieving strong business performance and keeping the family committed to and capable of carrying on as the owner. Five dimensions of activity must work well and in synchrony: harmonious relations within the family and an understanding of how it should be involved with the business, an ownership structure that provides sufficient capital for growth while allowing the family to control key parts of the business, strong governance of the company and a dynamic business portfolio, professional management of the family’s wealth, and charitable foundations to promote family values across generations.
Czech name
—
Czech description
—

Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Opportunities and Threats to Current Business Management in Cross-border Comparison 2017
ISBN
978-3-86367-051-1
ISSN
—
e-ISSN
neuvedeno
Number of pages
6
Pages from-to
117-122
Publisher name
GUC - Verlag der Gesellschaft für Unternehmensrechnung und Controlling m.b.H.
Place of publication
Chemnitz
Event location
Plzeň
Event date
May 18, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000426794300013

Similar results(10)