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An overview of the situation and solving of succession problem involving small and medium-sized family firms

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dc.title An overview of the situation and solving of succession problem involving small and medium-sized family firms en
dc.contributor.author Hnátek, Milan
dc.relation.ispartof Innovation Vision 2020: Sustainable Growth, Entrepreneurship, and Economic Development, Vols 1-4
dc.identifier.isbn 978-0-9821489-8-3
dc.date.issued 2012
dc.citation.spage 9
dc.citation.epage 16
dc.event.title 19th International-Business-Information-Management-Association Conference
dc.event.location Barcelona
utb.event.state-en Spain
utb.event.state-cs Španělsko
dc.event.sdate 2011-11-12
dc.event.edate 2011-11-13
dc.type conferenceObject
dc.language.iso en
dc.publisher International Business Information Management Association (IBIMA) en
dc.subject Succession en
dc.subject Small and Medium-Sized Enterprises en
dc.subject Family business en
dc.description.abstract The aim of the article is to draw attention to described problems connected with the succession and generational exchange, discuss possible solutions and indicate what kind of losses might originate if and when these problems of family firms and respective organisations are not examined at all. The author explores how family firms can be characterised and the general position of family firms in the economy. The solving of the succession in the family business was identified as the greatest problem and a proposal for solving this dilemma is analysed in detail in the article. Despite the fact that family firms have various shapes and sizes, the vast majority of family firms consist of small and medium-sized businesses. The solving of the problem of succession is an interdisciplinary theme on the border between management and sociology. Family firms share numerous problems with non-family firms, however, family businesses differ from other kinds of businesses in that they have to come to terms with a generational transition in the leadership of the family business. This consists of an extremely important moment in the life of each family company and has to be planned and performed properly. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1003288
utb.identifier.rivid RIV/70883521:28120/12:43868363!RIV13-MSM-28120___
utb.identifier.obdid 43868463
utb.identifier.scopus 2-s2.0-84896353994
utb.identifier.wok 000317549700002
utb.source d-wok
dc.date.accessioned 2013-07-27T14:54:44Z
dc.date.available 2013-07-27T14:54:44Z
utb.contributor.internalauthor Hnátek, Milan
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