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

In: Ekonomický časopis/Journal of Economics, vol. 72, no. 3-4
Mária REŽŇÁKOVÁ Číslo ORCID - Michal KARAS Číslo ORCID - Pavla SRBOVÁ Číslo ORCID - Jan PĚTA Číslo ORCID - Eva MICHALÍKOVÁ Číslo ORCID
Detaily:
Strany: 169 - 186
Jazyk: eng
Kľúčové slová:
family business, performance indicators, small and medium enterprises, supplying missing data, linear mixed effect model, Czech Republic; JEL Classification: M21, L25, C33
Typ článku: Vedecký článok / Article
Typ dokumentu: PDF / PDF
DOI: https://doi.org/10.31577/ekoncas.2024.03-04.03
Full text
O článku:
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 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.
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 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.
Ako citovať:
ISO 690:
REŽŇÁKOVÁ, M., KARAS, M., SRBOVÁ, P., PĚTA, J., MICHALÍKOVÁ, E. 2024. Performance of Family Businesses in the Specific Conditions of CEE Countries: The Case of the Czech Republic. In Ekonomický časopis/Journal of Economics, vol. 72, no.3-4, pp. 169-186. 0013-3035. DOI: https://doi.org/10.31577/ekoncas.2024.03-04.03

APA:
REŽŇÁKOVÁ, M., KARAS, M., SRBOVÁ, P., PĚTA, J., MICHALÍKOVÁ, E. (2024). Performance of Family Businesses in the Specific Conditions of CEE Countries: The Case of the Czech Republic. Ekonomický časopis/Journal of Economics, 72(3-4), 169-186. 0013-3035. DOI: https://doi.org/10.31577/ekoncas.2024.03-04.03
O vydaní:
Vydavateľ: Ekonomický ústav SAV, v.v.i. / Institute of Economic Research SAS
Publikované: 21. 8. 2024