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@inproceedings{1205207,
author = {Odehnalová, Pavla},
address = {Zagrab},
booktitle = {Proceedings of The 10th European Conference on Management Leadership and Governance ECMLG 2014},
edition = {1.},
editor = {VERN' University of Applied Sciences Zagreb, Republic of Croatia},
keywords = {family business; Greiners theory; creative stage; leadership crisis; governance},
howpublished = {tištěná verze "print"},
language = {eng},
location = {Zagrab},
isbn = {978-1-910309-75-9},
pages = {206-211},
publisher = {Academic Conferences and Publishing International Limited},
title = {Family Business Governance in the Czech Republic},
year = {2014}
}
TY - JOUR
ID - 1205207
AU - Odehnalová, Pavla
PY - 2014
TI - Family Business Governance in the Czech Republic
PB - Academic Conferences and Publishing International Limited
CY - Zagrab
SN - 9781910309759
KW - family business
KW - Greiners theory
KW - creative stage
KW - leadership crisis
KW - governance
N2 - In comparison with previous years, the study of family businesses has increasingly begun to come to the fore in the Czech Republic. As well as research on an academic level, consultancy companies are also beginning to show a relatively high degree of interest in family businesses, concentrating in particular on familybusiness governance and succession. The differences between family and nonfamily businesses have been the subject of a wide range of research, particularly abroad. Perhaps the most attention has been focused on the manner of governing and managing family businesses, a weakness of which is the process of company succession. Based on case studies of family businesses from various sectors, the aim of this paper is to show the particular characteristics of family businesses in the area of governance and management. The cases described were collected between 2006 and 2009 through observation and a personal survey of family businesses as part of the Competitiveness of Czech Companies investigation carried out by Masaryk University from 2006 to 2010. The concept of the governance and management of family businesses was studied in relation to Greiner’s theory of organizational growth – specifically its first three developmental stages of creative management, crisis of leadership and professional direction. On the basis of Greiner’s theory the characteristics which define the individual stages of the organization’s growth were outlined. The growth stages of the organization presented were specified on the basis of the growth in size of the business over time. The defined characteristics were then compared with specific behaviour in family business governance and management. The investigation showed that, regardless of their size and the length of their existence, the family businesses under investigation were in the first two stages of the growth of a business, as defined by Greiner’s theory of organizational growth. From in depth interviews conducted with the owners of family businesses it emerged that not one of the businesses under investigation had moved on from the crisis of leadership stage to the professional direction stage. The findings established are in accordance with several international research projects and confirm the key influence of internal factors on the business, which represent the wishes of the owners and founders concerning family business governance and management.
ER -
ODEHNALOVÁ, Pavla. Family Business Governance in the Czech Republic. In VERN' University of Applied Sciences Zagreb, Republic of Croatia. \textit{Proceedings of The 10th European Conference on Management Leadership and Governance ECMLG 2014}. 1. vyd. Zagrab: Academic Conferences and Publishing International Limited, 2014, s.~206-211. ISBN~978-1-910309-75-9.
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