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Factors Defining Family Business Goals

Author(s): Jerzy Węcławski
Subject(s): Business Economy / Management, Governance, Family and social welfare
Published by: Wydawnictwo Naukowe Uniwersytetu Marii Curie-Sklodowskiej
Keywords: family enterprises; family governance; goals of the enterprise;

Summary/Abstract: Family business in their activity are led by both typical economic objectives and specific goals related to family nature of property. The aim of this paper is to present the relevance of family business objectives and the factors which determinate individual goals. The research were carried out using a questionnaire interviews on a sample of 396 family businesses from Poland. The results show that there is a hierarchy of objectives in enterprises. Family businesses are more keen to long-term existence and economic independence. There is no clear impact of certain features of the company on different business objectives

  • Issue Year: LI/2017
  • Issue No: 4
  • Page Range: 333-345
  • Page Count: 13
  • Language: Polish