Succession Problems in Family-Owned Businesses: An Example from the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F13%3A43869476" target="_blank" >RIV/70883521:28120/13:43869476 - isvavai.cz</a>
Result on the web
<a href="http://www.abrmr.com/download.php?file=7.pdf" target="_blank" >http://www.abrmr.com/download.php?file=7.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Succession Problems in Family-Owned Businesses: An Example from the Czech Republic
Original language description
The aim of this paper is to present a particular example of Czech small retail family-owned firm which is currently facing the succession and generational transition problem. Due to their nature, family-owned businesses face a number of specific problems. The most demanding task for them is succession and generational exchange when an incumbent leaves the business and has to pass on his or her position to a successor. Succession is a very important moment for every family-owned business, particularly for small one, because there is a lack of successors. This moment has an essential influence on the eventual failure of a family-owned firm. The author of the paper made use of secondary data from a bachelor's thesis which he supervised in his research which described small retail family-owned firm. Secondary data are supplemented by a theoretical context and the specialised evaluation of the author.
Czech name
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Czech description
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Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Conference Proceedings Journal The Business & Management Review
ISBN
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ISSN
2047-2854
e-ISSN
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Number of pages
9
Pages from-to
36-44
Publisher name
Academy of Business and Retail Management
Place of publication
New York
Event location
New York, USA
Event date
Mar 25, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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