Acta academica karviniensia 2014, 14(3):49-56 | DOI: 10.25142/aak.2014.047

FAMILY BUSINESS IN THE LIGHT OF THE CORPUS AND THE CZECH LAW

Milan Hnátek¹, Milena Hnátková²

¹ Univerzita Tomáše Bati ve Zlíně, Fakulta managementu a ekonomiky, Mostní 5139, 760 01, Zlín, Email:mhnatek@fame.utb.cz

² Karlova univerzita v Praze, Filozofická fakulta, Ústav teoretické a komputační lingvistiky, Celetná 13, 110 00 Praha 1, Email: milena.hnatkova@ff.cuni.cz

This paper focuses on the new terminology used in the new Czech Civil Code, which is in force from January 1, 2014. This new Civil Code completely changes the Czech legal system by introducing a totally new terminology. The paper deals with this new terminology which defines family businesses; this terminology is unfortunately different from the terminology having been used for many years. The new Civil Code introduces a new term "rodinný závod" which evokes "family race" instead of the intended term "family business" in Czech. The objective of the paper is to examine this new Civil Code by means of linguistic tools and to focus on the future problems which may occur due to the introduction of the new term. The paper combines different techniques of linguistic research and family business research. In the introduction, the authors deal with the definitions of the new terms and explain the importance of the research. Then an overview of legal conditions of family business in the Czech Republic is presented. In the central part, the problem under investigation is described and the results of the research is presented. In the conclusion, the authors summarize their new findings.

Keywords: business law, civil code, family business, linguistics

JEL classification: K20, K36

Received: November 13, 2013; Accepted: September 23, 2014; Published: September 30, 2014  Show citation