Family businesses – the phenomenon and its stability Cover Image

Przedsiębiorstwa rodzinne – fenomen i jego trwałość
Family businesses – the phenomenon and its stability

Author(s): Jerzy Węcławski
Subject(s): Economy, Business Economy / Management, Micro-Economics, Accounting - Business Administration
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Poznaniu
Keywords: family firm model;family firms goals;family business age;
Summary/Abstract: Family-owned businesses are a significant part of the economy in many countries. It is a highly differentiated population which makes it difficult to formulate a clear definition of them. The aim of this chapter is to determine the social and economic characteristics of family businesses, their changes during the business life cycle and their ability to carry out succession. The research method was a review of the research results of other authors, mainly foreign. The conclusions of the research indicate the possibility of a positive or negative impact of the specific characteristics of family businesses on their activities. In the long term, the character of typical family enterprises is mainly retained by small and medium-sized enterprises. The diversification of ownership and professionalisation of large family enterprises makes their family character mainly of an image nature.

  • Page Range: 205-215
  • Page Count: 11
  • Publication Year: 2024
  • Language: Polish
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