Detail publikace

Family Businesses and the Factors of Their Growth

Autor: doc. Ing. Vladimír Benáček CSc.,
Mgr. Eva Michalíková ,
Typ: Kapitoly v knize
Rok: 2010
Číslo: 0
ISSN / ISBN:
Publikováno v: In: J. Večerník (ed.) Individuals and Households in the Czech Republic and CEE Countries. Praha, Nakl. Sociologický ústav AVČR, 137-164
Místo vydání:
Klíčová slova: SMEs, family business, efficiency, employment
JEL kódy:
Citace:
Abstrakt: After an overview of the role of family businesses in present economies, we work out theoretical vantage points for assessing the factors associated with the growth (or decline) of micro and small businesses in European economies. Based on data for 28 countries in 2002-2008 we run a series of econometric tests where we analyse the evolution of shares of businesses up to 50 employees on total employment and on total net production (value added). We regress these two relative indicators on the measure of gross capital returns in analysed businesses per their value added (as a proxy for profitability and investment) and on the relative gap between labour costs (wages) in small and large enterprises (as a proxy for cost advantages in order to gain competitiveness).
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