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Family Business Succession in the V3 Countries

Authors :
Martin Luštický
Martin Musil
Source :
Trendy v podnikání, Vol 11, Iss 2, Pp 14-25 (2021)
Publication Year :
2021
Publisher :
Vydavatelství ZČU v Plzni, 2021.

Abstract

This paper reacts on one of the main issues the family businesses are facing with – handling the business succession process. The aim of the paper is to analyze the process of family business handover and its support from a side of the regional authorities in the South Bohemia Region (Czech Republic), the Presov Region (Slovakia) and the Mazowiecke Region (Poland). The research framework combines face-to-face interviews and impersonal questionnaire survey to obtain data. It applies standard management data analyzing methods to identify the key strategic objectives and tasks for facilitating and sustaining the family businesses and the business succession process. The objectives and tasks are structured in the following areas: (I) Information Gathering & Monitoring, (II) Planning & Implementation, (III) Support & Facilitation, (IV) Cooperation & Coordination. In addition, the tasks are enriched of various good practices from analyzed regions to enhance their impact in practice.

Details

Language :
Czech, English, Slovak
ISSN :
18050603
Volume :
11
Issue :
2
Database :
Directory of Open Access Journals
Journal :
Trendy v podnikání
Publication Type :
Academic Journal
Accession number :
edsdoj.93d5d4d4ce49baafb4460284b4fcf9
Document Type :
article
Full Text :
https://doi.org/10.24132/jbt.2021.11.2.14_25