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Attributes of financial management of family companies in the Czech Republic and Slovakia

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dc.title Attributes of financial management of family companies in the Czech Republic and Slovakia en
dc.contributor.author Belás, Jaroslav
dc.contributor.author Bartoš, Přemysl
dc.contributor.author Hlawiczka, Roman
dc.contributor.author Hudáková, Mária
dc.relation.ispartof Family Businesses in Transition Economies: Management, Succession and Internationalization
dc.identifier.isbn 9783319142098
dc.identifier.isbn 9783319142081
dc.date.issued 2015
dc.citation.spage 223
dc.citation.epage 238
dc.type bookPart
dc.language.iso en
dc.publisher Springer International Publishing
dc.identifier.doi 10.1007/978-3-319-14209-8_11
dc.relation.uri https://link.springer.com/chapter/10.1007/978-3-319-14209-8_11
dc.subject Entrepreneurial optimism en
dc.subject Family companies en
dc.subject Financial management en
dc.subject Financial risk en
dc.subject Small and medium-sized enterprises en
dc.description.abstract The aim of the research is to define and compare important attributes of financial management of family small and medium-sized companies (SMEs) in selected regions of the Czech Republic and Slovakia. The majority of SMEs in the Czech Republic and Slovakia has a character of family companies. These companies have been established on the basis of family capital. Preferable family member worked in them and these companies are managed also preferable by them. In this context, SMEs sector in the Czech Republic and Slovakia may be perceived as the sector of family companies. As the part of this focus, the dependence of financial risks’ perception, relationships with commercial banks, the ability to manage financial risks and the level of entrepreneurial optimism depending on company’ age, owner’s education and company’s size have been examined. Research of entrepreneurs’ opinions in Zlin Region (Czech Republic) and Zilina Region (Slovakia) has been examined in 2013. These regions have similar economic parameters and are distant from each other only few kilometers. Results of our research proved that it cannot be definitely confirmed but neither rejected that financial risk’s perception in Czech and Slovak enterprises is different within a defined groups, i.e. depending on company’s age, owner’s education and company’s size. © Springer International Publishing Switzerland 2015. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1008029
utb.identifier.scopus 2-s2.0-84944195547
utb.source c-scopus
dc.date.accessioned 2018-07-27T08:47:40Z
dc.date.available 2018-07-27T08:47:40Z
utb.contributor.internalauthor Belás, Jaroslav
utb.contributor.internalauthor Bartoš, Přemysl
utb.contributor.internalauthor Hlawiczka, Roman
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