Are Czech Family Firms Different from Non-family Firms?

被引：0

作者：

Machek, Ondrej ^{[1
]}

Votavova, Petra ^{[2
]}

Hnilica, Jiri ^{[1
]}

机构：

[1] Univ Econ, Dept Strategy, Fac Business Adm, Prague, Czech Republic

[2] Univ Econ, Fac Business Adm, Prague, Czech Republic

来源：

FINANCIAL MANAGEMENT OF FIRMS AND FINANCIAL INSTITUTIONS: 10TH INTERNATIONAL SCIENTIFIC CONFERENCE, PTS I-IV | 2015年

关键词：

Family business; return on equity; financial performance; Czech Republic; PERFORMANCE; OWNERSHIP; BUSINESSES; MANAGEMENT; IMPACT;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Family business became a promising area of research in countries of the former Eastern Bloc, including the Czech Republic. According to the literature, there are differences in performance of family and non-family firms. By applying Student's t test to a sample of 1 461 family and 5 379 non-family firms, we found that Czech non-family firms outperformed family firms in asset turnover in 2009-2013. We didn't find any significant differences in return on equity, profit margin and leverage. We explain the possible reasons for differences using semi-structured interviews with family firm owners.

引用

页码：686 / 693

页数：8

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