Impact of Owners’ Qualifications on the Management Style of Small and Medium Family Businesses Cover Image

Wpływ kwalifikacji właścicieli na sposób zarządzania małymi i średnimi firmami rodzinnymi
Impact of Owners’ Qualifications on the Management Style of Small and Medium Family Businesses

Author(s): Hanna Mizgajska, Łukasz Wściubiak
Subject(s): Business Economy / Management, Socio-Economic Research
Published by: Wydawnictwo Uniwersytetu Komisji Edukacji Narodowej w Krakowie
Keywords: family businesses; management; qualifications; small and medium-sized enterprises; training

Summary/Abstract: The aim of the study is to diagnose the relationship between the level of formal education, professional experience, having a job matching the learned profession, working on a managerial position and participation in training of family business owners and their method of management. The way of management is characterised by business goals, profit allocation, number of work hours in the company and delegation of tasks. The degree of using credits and loans, applying for and using EU funds, as well as the company’s financial results were also considered. Empirical material collected in a targeted manner using a survey method from 135 family companies representing the sector of small and medium-sized enterprises in southern Wielkopolska was used in the work. The survey was carried out by students of the second year of undergraduate studies at the State Higher Vocational School in Kalisz as part of a course in entrepreneurship. The research was carried out in 2017 and the information about companies concerns the years 2014–2016. The empirical material was processed by the analysis of descriptive statistics and interdependencies were examined by the gamma correlation method and the Chi-square test. The research has shown a significant impact of both industry-related and broad-based training on the way of management and financing, as well as the financial results of the surveyed family businesses.

  • Issue Year: 15/2019
  • Issue No: 2
  • Page Range: 83-94
  • Page Count: 12
  • Language: Polish