Publication result detail

Performance of Family Businesses in the Specific Conditions of CEE Countries: The Case of the Czech Republic

REŽŇÁKOVÁ, M.; KARAS, M.; SRBOVÁ, P.; PĚTA, J.; MICHALÍKOVÁ, E.

Original Title

Performance of Family Businesses in the Specific Conditions of CEE Countries: The Case of the Czech Republic

English Title

Performance of Family Businesses in the Specific Conditions of CEE Countries: The Case of the Czech Republic

Type

WoS Article

Original Abstract

Many authors point out that family businesses in the CEE region due to a dif-ferent 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 analyzed 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.

English abstract

Many authors point out that family businesses in the CEE region due to a dif-ferent 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 analyzed 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

family business, performance indicators, small and medium enterprises, sup-plying missing data, linear mixed effect model, Czech Republic

Key words in English

family business, performance indicators, small and medium enterprises, sup-plying missing data, linear mixed effect model, Czech Republic

Authors

REŽŇÁKOVÁ, M.; KARAS, M.; SRBOVÁ, P.; PĚTA, J.; MICHALÍKOVÁ, E.

RIV year

2025

Released

23.08.2024

Publisher

SAV SR

Location

Bratislava

ISBN

0013-3035

Periodical

EKONOMICKY CASOPIS

Volume

72

Number

3-4

State

Slovak Republic

Pages from

169

Pages to

186

Pages count

17

URL

https://ekonom.sav.sk/en/casopis/rocnik/3-2024

Full text in the Digital Library

http://hdl.handle.net/11012/250024

BibTex

@article{BUT189393,
  author="Mária {Režňáková} and Michal {Karas} and Pavla {Srbová} and Jan {Pěta} and Eva {Michalíková}",
  title="Performance of Family Businesses in the Specific Conditions of CEE Countries: The Case of the Czech Republic",
  journal="EKONOMICKY CASOPIS",
  year="2024",
  volume="72",
  number="3-4",
  pages="169--186",
  doi="10.31577/ekoncas.2024.03-04.03",
  issn="0013-3035",
  url="https://ekonom.sav.sk/en/casopis/rocnik/3-2024"
}

Documents

Režňáková a kol._Family_Businesses_Performance
082113173-4-24-Reznakova