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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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).

Název v anglickém jazyce

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

Popis výsledku anglicky

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).

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název periodika

Management : Journal of Contemporary Management Issues

ISSN

1331-0194

e-ISSN

1846-3363

Svazek periodika

23

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

HR - Chorvatská republika

Počet stran výsledku

19

Strana od-do

155-173

Kód UT WoS článku

000453681000009

EID výsledku v databázi Scopus

2-s2.0-85063593876