Corporate board composition in family businesses: Evidence from
the Czech Republic

J 2018

Corporate board composition in family businesses: Evidence from the Czech Republic

ODEHNALOVÁ, Pavla a Petr PIROŽEK

Základní údaje

Originální název

Corporate board composition in family businesses: Evidence from the Czech Republic

Autoři

ODEHNALOVÁ, Pavla (203 Česká republika, garant, domácí) a Petr PIROŽEK (203 Česká republika, domácí)

Vydání

Management : Journal of Contemporary Management Issues, Chorvatsko, Ekonomski fakultet Split, 2018, 1331-0194

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50204 Business and management

Stát vydavatele

Chorvatsko

Utajení

není předmětem státního či obchodního tajemství

Odkazy

URL

Kód RIV

RIV/00216224:14560/18:00105158

Organizační jednotka

Ekonomicko-správní fakulta

DOI

http://dx.doi.org/10.30924/mjcmi/2018.23.2.155

UT WoS

000453681000009

Klíčová slova anglicky

board composition; family business; transition economy; corporate governance; strategic adaptability

Štítky

corporate governance, family business

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 23. 11. 2023 10:04, Mgr. Pavlína Kurková

Anotace

V originále

This paper examines the issue of board composition of family businesses which were established in the Czech Republic in the 1990s, after more than 40 years of private enterprises being forcefully suspended by the socialist regime. So far, there has been no available research investigating manufacturing sector in the Czech Republic (CR) from the perspective of board composition, i.e. the representation of external members and gender diversity, on the characteristic behaviours of the boards of family businesses and their strategic adaptability. This longitudinal study of four family businesses provides valuable information which have not yet been observed against the background of board composition in the manufacturing sector. The results of the interviews conducted in these businesses yield interesting findings about the fact that gender diversity along with the exclusive representation of family members on a corporate board has a very positive influence on strategic adaptability and an impact on the current direction of the business. The results of the study also show how family businesses fulfilling these conditions are better able to cope with negative external influences (e.g. the financial crisis).

Návaznosti

M00200, interní kód MU

Název: Rozvoj malých a středních podniků v příhraničních oblastech (Akronym: malé a střední podniky)

Investor: Úřad spolkové vlády Dolního Rakouska, Rozvoj malých a středních podniků v příhraničních oblastech, 1. Socioekonomický rozvoj, cestovní ruch a transfer knowhow

Přiložené soubory

9_Odehnalova_Pirozek.pdf

Požádat o autorskou verzi souboru

Citovat

ODEHNALOVÁ, Pavla a Petr PIROŽEK. Corporate board composition in family businesses: Evidence from the Czech Republic. Management : Journal of Contemporary Management Issues. Chorvatsko: Ekonomski fakultet Split, 2018, roč. 23, č. 2, s. 155-173. ISSN 1331-0194. Dostupné z: https://dx.doi.org/10.30924/mjcmi/2018.23.2.155.

@article{1482510,
   author = {Odehnalová, Pavla and Pirožek, Petr},
   article_location = {Chorvatsko},
   article_number = {2},
   doi = {http://dx.doi.org/10.30924/mjcmi/2018.23.2.155},
   keywords = {board composition; family business; transition economy; corporate governance; strategic adaptability},
   language = {eng},
   issn = {1331-0194},
   journal = {Management : Journal of Contemporary Management Issues},
   title = {Corporate board composition in family businesses: Evidence from the Czech Republic},
   url = {https://doi.org/10.30924/mjcmi/2018.23.2.155},
   volume = {23},
   year = {2018}
}

TY  - JOUR
ID  - 1482510
AU  - Odehnalová, Pavla - Pirožek, Petr
PY  - 2018
TI  - Corporate board composition in family businesses: Evidence from the Czech Republic
JF  - Management : Journal of Contemporary Management Issues
VL  - 23
IS  - 2
SP  - 155-173
EP  - 155-173
PB  - Ekonomski fakultet Split
SN  - 13310194
KW  - board composition
KW  - family business
KW  - transition economy
KW  - corporate governance
KW  - strategic adaptability
UR  - https://doi.org/10.30924/mjcmi/2018.23.2.155
N2  - This paper examines the issue of board composition of family businesses which were established in the Czech Republic in the 1990s, after more than 40 years of private enterprises being forcefully suspended by the socialist regime. So far, there has been no available research investigating manufacturing sector in the Czech Republic (CR) from the perspective of board composition, i.e. the representation of external members and gender diversity, on the characteristic behaviours of the boards of family businesses and their strategic adaptability. This longitudinal study of four family businesses provides valuable information which have not yet been observed against the background of board composition in the manufacturing sector. The results of the interviews conducted in these businesses yield interesting findings about the fact that gender diversity along with the exclusive representation of family members on a corporate board has a very positive influence on strategic adaptability and an impact on the current direction of the business. The results of the study also show how family businesses fulfilling these conditions are better able to cope with negative external influences (e.g. the financial crisis).
ER  -

ODEHNALOVÁ, Pavla a Petr PIROŽEK. Corporate board composition in family businesses: Evidence from the Czech Republic. \textit{Management : Journal of Contemporary Management Issues}. Chorvatsko: Ekonomski fakultet Split, 2018, roč.~23, č.~2, s.~155-173. ISSN~1331-0194. Dostupné z: https://dx.doi.org/10.30924/mjcmi/2018.23.2.155.

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