Location Behavior of Family Firms – Evidence of Poland
Location Behavior of Family Firms – Evidence of Poland
Author(s): Olga Martyniuk, Anna GieruszSubject(s): Business Economy / Management, Economic development
Published by: Społeczna Akademia Nauk
Keywords: family business; location decisions; location preferences; strategic management; Poland
Summary/Abstract: The choice of the location for a company is one of the most important strategic decisions of an enterprise. In family businesses, strategic targets most commonly combine the company’s development with the interests of the family. This article aims to compare the factors influencing the location decisions of family and non-family enterprises. It seems, that due to the specificity of family businesses, factors of a personal nature (associated with the person making the decision and his/her family) will have greater significance, while in non-family businesses – the factors of a cost nature. The results of the study on 251 Polish entities from the SME sector, presented in the paper, confirm that in the case of family business, when deciding on the place for their business activity, majority choses a location near the place of the owners’ residence. Another significant factor is family considerations e.g. the ease of accommodating childcare with work. An increased significance of the cost factors for non-family entities was not confirmed.
Journal: Przedsiębiorczość i Zarządzanie
- Issue Year: 17/2016
- Issue No: 6.2
- Page Range: 283-295
- Page Count: 14
- Language: English