REGIONAL AND SECTORAL DIFFERENCES BETWEEN FAMILY BUSINESS UNITS IN THE CZECH REPUBLIC
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F25%3A43910014" target="_blank" >RIV/60076658:12510/25:43910014 - isvavai.cz</a>
Result on the web
<a href="https://deturope.eu/artkey/det-202501-0004_regional-and-sectoral-differences-between-family-business-units-in-the-czech-republic.php" target="_blank" >https://deturope.eu/artkey/det-202501-0004_regional-and-sectoral-differences-between-family-business-units-in-the-czech-republic.php</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.32725/det.2025.004" target="_blank" >10.32725/det.2025.004</a>
Alternative languages
Result language
angličtina
Original language name
REGIONAL AND SECTORAL DIFFERENCES BETWEEN FAMILY BUSINESS UNITS IN THE CZECH REPUBLIC
Original language description
The article's topic is to identify the character of family business units in the Czech Republic from the point of view of their sectoral and regional representation at the level of NUTS region 2. The paper aims to assess the significance of individual factors influencing financial characteristics of defined groups of family businesses based in the Czech Republic, categorised by region and sector. On a selected sample of family businesses, we examined their mutual differences based on data from their financial statements from 2020 to 2022 in the Albertina database. We surveyed almost 500 family businesses in the Czech Republic that provided data to this database in all three years. We identified family companies according to the region of the company's headquarters in the Czech Republic and according to the size of the company. The monitored signs are as follows: debt ratio, return on equity (ROE), and personnel cost to total costs. The results confirmed some regional and sectoral differences. Family businesses in the register of family business in the Czech Republic are micro-enterprises, small and medium-sized enterprises. Large businesses are not on the register. The highest representation is in the processing industry, mainly metal processing. These monitored indicators showed differences in family businesses between regions and sectors of their operation. The largest number of family businesses is in the South Moravian Region and the capital city of Prague. We registered no less family businesses in the Karlovy Vary Region and the Usti Region (Northwest Bohemia). The statistical significance of the results was tested. The approach of family firms to debt financing is crucial here, as most firms are relatively risk-averse and mainly use their capital for financing.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
DETUROPE - Central European Journal of Regional Development and Tourism
ISSN
1821-2506
e-ISSN
1821-2506
Volume of the periodical
17
Issue of the periodical within the volume
1
Country of publishing house
RS - THE REPUBLIC OF SERBIA
Number of pages
28
Pages from-to
86-113
UT code for WoS article
001553609900004
EID of the result in the Scopus database
2-s2.0-105014400090