PERFORMANCE OF FAMILY BUSINESSES IN THE SPECIFIC CONDITIONS OF CEE COUNTRIES: THE CASE OF THE CZECH REPUBLIC

• Authors: Režňáková Mária , Karas Michal , Srbová Pavla , Pěta Jan , Michalíková Eva
• Languages of publication: EN

Abstracts

EN

Many authors point out, that family businesses in the CEE region due to a different historical development might exhibit specific features and because of that deserve specific attention. The presented paper aims to contribute to this effort by exploring factors driving the performance of family businesses in the Czech Republic, in course of the research a panel of 7,995 businesses was analysed by using the linear mixed effects model. The common problem of missing data, especially on micro-enterprises, was addressed by using CHAID methodology. We found that the factors driving family business performance differs between micro and SMEs segments of businesses, while the effect of families is most significant in terms of the model’s slope rather than constant.

Keywords

EN

FAMILY BUSINESS; PERFORMANCE INDICATORS; SMALL AND MEDIUM ENTERPRISES; CZECH REPUBLIC

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2024
• Volume: 72
• Issue: 3-4
• Pages: 169 – 186

Contributors

author

Režňáková Mária

• Brno University of Technology, Antonínská 548/1, 601 90 Brno, Czech Republic

• https://orcid.org/0000-0002-7261-607X

author

Karas Michal

• https://orcid.org/0000-0001-8824-1594

author

Srbová Pavla

• https://orcid.org/0000-0003-4076-9829

author

Pěta Jan

• https://orcid.org/0000-0001-6309-3601

author

Michalíková Eva

• https://orcid.org/0000-0001-8823-4626

Identifiers

DOI

https://doi.org/10.31577/ekoncas.2024.03-04.03