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The impact of internal determinants on management of family business in Slovakia

Treść / Zawartość
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Warianty tytułu
PL
Wpływ warunków wewnętrznych na zarządzanie biznesem rodzinnym na Słowacji
Języki publikacji
EN
Abstrakty
EN
Family businesses are present in every economy, whether they are given special attention or remain a general part of the strategic segment. In Slovakia, despite the dominance of family businesses, not enough attention is paid to them. The main objective of the paper is to identify the key internal determinants that affect the management, sustainability and development of Slovak family businesses. Current information on the researched issue has been obtained through empirical research in practice. The research was evaluated using statistical hypothesis testing methods (Binomial test and Mann-Whitney U test). While verifying the hypotheses, the statistical software STATISTICA 12, was used. The results of the study led to conclusions that extend the current knowledge in family businesses in Slovakia. The achieved results showed that the key internal determinants influencing the development of family businesses in Slovakia are: management, human resources, finances and narrow specialization of the supply, especially on the Slovak market.
PL
Firmy rodzinne są obecne w każdej gospodarce, niezależnie od tego, czy poświęca się im szczególną uwagę, czy też pozostają ogólną częścią strategicznego segmentu. Na Słowacji, pomimo dominacji firm rodzinnych, nie poświęca się im dostatecznej uwagi. Głównym celem artykułu jest identyfikacja kluczowych wewnętrznych uwarunkowań, które wpływają na zarządzanie, trwałość i rozwój słowackich firm rodzinnych. Aktualne informacje na temat badanego zagadnienia uzyskano poprzez badania empiryczne w praktyce. Badania oceniono metodami testowania hipotez statystycznych (test dwumianowy i test U Manna-Whitneya). Do weryfikacji hipotez wykorzystano oprogramowanie statystyczne STATISTICA 12. Wyniki badania doprowadziły do wniosków, które poszerzają dotychczasową wiedzę w firmach rodzinnych na Słowacji. Osiągnięte wyniki pokazały, że kluczowymi determinantami wewnętrznymi wpływającymi na rozwój firm rodzinnych na Słowacji są: zarządzanie, zasoby ludzkie, finanse oraz wąska specjalizacja dostaw, zwłaszcza na rynku słowackim.
Rocznik
Strony
307--320
Opis fizyczny
Bibliogr. 42 poz., rys., tab.
Twórcy
  • Technical University in Zvolen, Faculty of Wood sciences and technology
  • Technical University in Zvolen, Faculty of Wood sciences and technology
  • Technical University in Zvolen, Faculty of Wood sciences and technology
autor
  • Institute of Technology and Business in České Budějovice
  • Technical University in Zvolen, Faculty of Wood sciences and technology
Bibliografia
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  • 5.Belas, J., Amoah, J., Petráková, Z., Kliuchnikava, Y. and Bilan, Y., (2020). Selected Factors of SMEs Management in the Service Sector. Journal of Tourism and Services, 21(11), 129-146.
  • 6.Belas, J., Gavurova, B. and Toth, P., (2018). Impact of selected characteristics of SMEs on the capital structure. Journal of Business Economics and Management.
  • 7.Bilan, Y., Mishchuk, H., Samoliuk, N. and Mishchuk, V., (2020). Gender discrimination and its links with compensations and benefits practices in enterprises. Entrepreneurial Business and Economics Review, 8(3), 189-204.
  • 8.Bite, P., Konczos-Szombathelyi, M., (2020). Employer branding concept for small- and medium-sized family firms. Journal of International Studies, 13(3), 143-160.
  • 9.Calabrò, A., Mussolino, D., (2013). How do boards of directors contribute to family SME export intensity? The role of formal and informal governance mechanisms. Journal of Management & Governance, 17(2), 363-403.
  • 10.Civelek, M., Ključnikov, A., Fialova, V., Folvarčná, A. and Stoch, M., (2021). How innovativeness of family-owned SMEs differ depending on their characteristics? Equilibrium. Quarterly Journal of Economics and Economic Policy, 16(2), 413-428.
  • 11.Dvorský, J., Petráková, Z. and Fialová, V., (2020). Perception of Business Risks by Entrepreneurs According to Experience with the Business Failure. International Journal of Entrepreneurial Knowledge, 8 (1), 76-88.
  • 12.Ediriweera, A., (2015). Governance in family business: a literature review. Journal of Law and Governance, 10(2), 36-46.
  • 13.Hall, A., Nordqvist, M., (2008). Professional management in family businesses: toward an extended understanding. Family Business Review, 21(1), 51-69.
  • 14.Harms, H., (2014). Review of family business definitions: cluster approach and implications of heterogeneous application for family business research. International Journal of Financial Studies, 2(3), 280-314.
  • 15.Hiebl, M. R. W., Li, Z., (2018). Non-family managers in family firms: review, integrative framework and future research agenda. Review of Managerial Science, 14(4), 763-807.
  • 16.Hsueh, J. W., (2016). Governance structure and the credibility gap: experimental evidence on family businesses´sustainability reporting. Journal of Business Ethics, 153, 547-568.
  • 17.Kallmuenzer, A., Peters, M., (2018). Strategic decision - making in family firms: an explorative study. European Journal of International Management, 12(5/6), 655-675.
  • 18.Ključnikov, A., Civelek, M., Fialova, V. and Folvarčná, A., (2021). Organizational, local, and global innovativeness of family-owned SMEs depending on firm-individual level characteristics: evidence from the Czech Republic. Equilibrium. Quarterly Journal of Economics and Economic Policy, 16(1), 169-184.
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  • 21.Kužmin, P., (2009). The quality of business environment and its effect on the competitiveness of a business. Journal of Competitiveness, 1(1), 42-55.
  • 22.Laguir, I., Elbaz, J., (2014). Family firms and corporate social responsibility (CSR): preliminary evidence from the French stock market. The Journal of Applied Business Research, 30(4), 971-988.
  • 23.Lechman, E., (2011). Still ‘few, slow and low’? On the female dimension of technology, labour markets and economic activity: Evidence for the period of 1990-2017. Economics and Sociology, 12(1), 11-38.
  • 24.Lušňáková, Z., Juríčková, Z., Šajbidorová, M. and Lenčéšová, S., (2019). Succession as a sustainability factor of family business in Slovakia. Equilibrium. Quarterly Journal of Economics and Economic Policy, 14(3), 503-520.
  • 25.Machek, O., (2017). Rodinné firmy. Praha: C. H. Beck.
  • 26.Mandl, I., (2008). Overview of family business relevant issues. Final report, Austrian Institute for SME research.
  • 27.Maqin, R. A., Hendri, N., (2017). Comparative analysis: the effect of macro and micro environment on marketing strategy and marketing performance of small medium enterprises. International Review of Management and Marketing, 7(5), 70-76.
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  • 29.Motwani, B., (2016). Impact of factors of family business on the performance: a PLS-SEM study. Journal of Entrepreneurship & Organization Management, 5(2), 1-11.
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  • 31.Mura, L., Kajzar, P., (2019). Small Businesses in Cultural Tourism in a Central European Country. Journal of Tourism and Services, 10(19): 40-54.
  • 32.Peráček, T., Vilčeková, L. and Strážovská, Ľ., (2020). Selected problems of family business: a case study from Slovakia. Acta Polytechnica Hungarica, 17(7), 145-162.
  • 33.Putri, A. C., Viverita, V., (2019). Risk preference of founder and descendant of Indonesian family firms. Polish Journal of Management Studies, 20(2), 414-425.
  • 34.Oliinyk, O., Bilan, Y., Mishchuk, H., Akimov, O. and Vasa, L., (2021). The Impact of Migration of Highly Skilled Workers on The Country’s Competitiveness and Economic Growth. Montenegrin Journal of Economics, 17(3), 7-19.
  • 35.Rozsa, Z., Belas, J. Jr., Khan, K. A. and Zvarikova, K., (2021). Corporate social responsibility and essential factors of personnel risk management in MSEs. Polish Journal of Management Studies, 23(2), 449-463.
  • 36.Savolainen, S., Kansikas, J., (2013). Non-family employees in small family business succession: the case of psychological ownership. World Review of Entrepreneurship Management and Sustainable Development, 9(1), 64-81.
  • 37.Siekelova, A., Androniceanu, A., Durana, P. and Frajtova Michalikova, K., (2020). Earnings Management (EM), Initiatives and Company Size: An Empirical Study. Acta Polytechnica Hungarica, 17(9), 41-56.
  • 38.Sharma, P., (2004). An overview of family business studies: current status and directions for the future. Family Business Review, 17(1), 1-36.
  • 39.Toth, R., Zeman, Z., Turoczi, I., Kasa, R., Popp, J. and Olah, J., (2021). The system of relationships between sustainable corporate governance and corporate financial literacy. Polish Journal of Management Studies, 23(1), 418-435.
  • 40.Zachary, R. K., (2011). The importance of the family system in family business. Journal of Family Business Management, 1(1), 26-36.
  • 41.Zattoni, A., Gnan, L. and Huse, M., (2015). Does family involvement influence firm performance? Exploring the mediating effects of board processes and tasks. Journal of Management, 41(4), 1214-1243.
  • 42.Zellweger, T. M., Nason, R. S., Nordqvist, M. and Brush, C. G., (2013). Why do family firms strive for nonfinancial goals? An organizational identity perspective. Entrepreneurship Theory and Practice, 37(2), 229-248.
Uwagi
Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-67104b4c-5ebc-49f1-9025-428154e03bed
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