Issue 16
Issue 16
Issue 16
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
ERENET Profile Vol. IV, No. 4.<br />
www.erenet.org<br />
Graph 7: Importance of stakeholder - employees<br />
Importance of employees<br />
80,00<br />
70,00<br />
71,77<br />
73,62<br />
Source: Processed by author<br />
60,00<br />
50,00<br />
40,00<br />
30,00<br />
20,00<br />
10,00<br />
0,00<br />
Non - family business<br />
Family business<br />
5,49<br />
2,94<br />
25,29<br />
20,88<br />
not important average important<br />
Same results present also Strážovská<br />
(2002, p. 32), who writes that family<br />
business is characterized by the positive<br />
relationship with stakeholders.<br />
Importance of employees is proved<br />
also by the research made by the<br />
PricewaterhouseCoopers (2007). This<br />
factor is one of the fundamental for<br />
competitiveness of family business.<br />
Lower importance for family business<br />
has the relationship with the suppliers and creditors. This can be caused by the fact that the family business<br />
has better financial results so the family companies have not the problems with liabilities, so these<br />
stakeholders are not so important for them.<br />
Owners<br />
Another part of the research was dedicated to the individual group of stakeholders. The first group<br />
was “Owners”.<br />
Graph 8: Structure of the owner<br />
Structure of the owner<br />
35,00<br />
30,00<br />
25,00<br />
Non-family business<br />
Family business<br />
20,00<br />
15,00<br />
10,00<br />
5,00<br />
0,00<br />
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 <strong>16</strong> 17 18 20 21 22<br />
Source: Processed by author<br />
Most of the family companies are held by the several of big owners. The main difference between<br />
family and non-family business is in the structure of one owner. Scores of family companies were established<br />
as the company of one owner. As other members of family started to work in the business the owners<br />
structure changed to the several big owners. This type of business can be classed as the companies in the start<br />
– up phase. If the members of family stay in the business for enough time, they became the alternate owners.<br />
The type of companies with one owner is most extended. Other business was established as the family<br />
39