Detailed Information on Publication Record
2015
FAMILY BUSINESSES IN THE CORPORATE GOVERNANCE OF MNCS
ODEHNALOVÁ, Pavla and Petr PIROŽEKBasic information
Original name
FAMILY BUSINESSES IN THE CORPORATE GOVERNANCE OF MNCS
Authors
ODEHNALOVÁ, Pavla (203 Czech Republic, guarantor, belonging to the institution) and Petr PIROŽEK (203 Czech Republic, belonging to the institution)
Edition
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Brno, Mendelova univerzita v Brně, 2015, 1211-8516
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50600 5.6 Political science
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
References:
RIV identification code
RIV/00216224:14560/15:00083326
Organization unit
Faculty of Economics and Administration
Keywords in English
multinational companies; family business; non-family business; centralization; expatriates
Tags
International impact, Reviewed
Změněno: 7/7/2015 14:11, doc. Ing. Pavla Marciánová, Ph.D.
Abstract
V originále
The issue of family businesses is currently a very topical theme in the academic world. The importance of family businesses increases with internationalization and is associated with business success in global market conditions. A fundamental part of business activities abroad is the correct application of the corporate governance of subsidiaries of multinational family businesses. The available fi ndings do not cover this area suffi ciently, especially in the context of transformed economies in CEE. In view of the nature of foreign business activities, the degree of centralization of competences transferred between subsidiaries and headquarters and the presence of expatriates from the headquarters of multinational companies represented by the family fi rm in statutory bodies can be regarded as important variables. The main aim of the present paper is, based on research carried out, to describe and analyze the degree of centralization and presence of expatriates in the corporate governance of subsidiaries of multinational family businesses operating in the Czech Republic. The paper presents the results of an empirical investigation with a description of the presence of expatriates in the statutory bodies of subsidiaries of multinational companies in the Czech Republic. The results obtained present the number of subsidiaries corresponding to the defi nition of a family business with an emphasis on SMEs of up to 250 employees and the degree of centralization and presence of expatriates in administrative or executive authority, or in other positions. The sample which was used to research the family business comprised 214 subsidiaries of multinational companies from the most important sectors of the Czech economy.
Links
1M0524, research and development project |
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