Ocena wyników finansowych firm rodzinnych w kontekście zaangażowania właścicieli w proces zarządzania / Evaluation of the Family Business Financial Performance in the Context of Owners Engagement in the Management Processes
Journal Title: Studia Prawno-Ekonomiczne - Year 2017, Vol 0, Issue
Abstract
The main purpose of this article is to verify the impact of corporate governance model on the financial performance of small family businesses in Poland. Implementation of the aim was held on the basis of empirical analysis of financial results over 24,000 small family businesses from the period 2008–2013. Basic descriptive statistics and the one-way analysis of variance with post-hoc tests were used. The results may suggest that involvement of the owner of the family business and external manager in the governance structure yields positive results in terms of achieved by those entities operating margin, net profit margin and return on equity and assets. These results may be an indication for the owners of family businesses in shaping the governance model.
Authors and Affiliations
Błażej Socha, Aleksandra Majda
Keywords
Related Articles
- EP ID EP233901
- DOI 10.26485/SPE/2017/103/16
- Views 69
- Downloads 0
The Influence of Moon Phases on Rates of Return of the Warsaw Stock Exchange Indices / Wpływ faz księżyca na stopy zwrotu indeksów Giełdy Papierów Wartościowych w Warszawie
The influence of the moon on human behavior has been featured in many, not only scientific publications. This paper tests the hypothesis that the one-session rates of return of index WIG20 (Warsaw Stock Exchange) in the...
Wyzwanie innowacyjne dla gospodarek Unii Europejskiej w świetle Strategii Europa 2020
The purpose of this paper is to explain the essence of the Europe 2020 Strategy, with particular emphasis on development projects in the field of innovation; to assess the level of innovation in the EU economies in compa...
Pochówek dzieci martwo urodzonych – w świetle praw rodziców i zadań gminy
Regulacje dotyczące dzieci martwo urodzonych rozproszone są w różnych aktach prawnych. Odmienne unormowanie statusu tych dzieci na gruncie prawa medycznego i administracyjnego rodzi wątpliwości co do obowiązku sprawienia...
Economic Growth and Stock Prices: Evidence from Central and Eastern European Countries / Wzrost gospodarczy a ceny akcji w krajach Europy Środkowo-Wschodniej
The paper discusses the problem of relations between a capital market and real economy measured by the cross-country correlation between long-term stock rate of return and real GDP growth. According to some research resu...
Innowacyjność gospodarek opartych na wiedzy w latach 1995–2010
The objective of this article was to make an overview of the innovation system as one of the four pillars of the knowledge-based economy (KBE) as well as to attempt to develop (based on taxonomic methods) a synthetic mea...