Acta academica karviniensia 2015, 15(3):99-109 | DOI: 10.25142/aak.2015.035

LINKS BETWEEN SELECTED CHARACTERISTICS AND THE TURNOVER OF FAMILY BUSINESS

Eliška Valentová

Technická univerzita v Liberci, Ekonomická fakulta, Studentská 1402/2, 461 17 Liberec, E-mail: eliska.valentová@tul.cz

Family business is characterized by a certain group of properties that distinguish it from non-family business. The aim of this paper is to identify dependency between selected characteristics and the turnover of respondents. These characteristics result from the survey, which was conducted in the preparatory phase of the project on the family business from Liberec region. Another aim of this paper is to grow awareness of family business, because this topic is in the Czech Republic still often overlooked and inadequately discussed. Most theoretical and empirical studies are focused on public corporations or small and medium sized enterprises (SMEs) and only few studies are focused only on family business. Importance of family businesses for the national economy is undeniable and based on the research can be stated, that family business as a tool for the future sees 83% of respondents.

Keywords: family business, logarithmic regression, succession, turnover intentions

JEL classification: D10, M21

Received: October 7, 2015; Accepted: December 15, 2015; Published: September 30, 2015  Show citation