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Stabilization Factors of Family Enterprises in the Context of Macroeconomic Performance

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  • David Mares
  • Nadazda Petra

Abstract

he article describes performance and stabilization factors in the context of macroeconomic performance of small and medium-sized enterprises (SMEs), which comprise also family businesses (SMEs) in the Czech Republic.We consider the number of SMEs active entrepreneurial subjects, the number of SMEs employees, the accounting value added of SMEs and the wage costs of SMEs the performance and stabilization factors. As a representative of macroeconomic performance the authors chose GDP.The stability and performance of SMEs are examined through statistical methods: the Pearson correlation coefficient and the average growth factor. The statistical methods are applied to the data time series between 2002 and 2016. The stability and performance factors are mutually measured and evaluated.

Suggested Citation

  • David Mares & Nadazda Petra, 2018. "Stabilization Factors of Family Enterprises in the Context of Macroeconomic Performance," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 206-220.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:206-220
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    File URL: https://www.ersj.eu/dmdocuments/2018_XXI_1_18.pdf
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    References listed on IDEAS

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    1. Karel HavlÃ­Ä ek & Eleftherios Thalassinos & Liliana Berezkinova, 2013. "Innovation Management and Controlling in SMEs," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 57-70.
    2. Vaclav Kupec, 2017. "Digital Possibilities of Internal Audit," ACTA VSFS, University of Finance and Administration, vol. 11(1), pages 28-44.
    3. repec:ers:journl:v:xvi:y:2013:i:sisme:p:57-70 is not listed on IDEAS
    4. Ramona Rupeika-Apoga & Irina Solovjova, 2016. "Profiles of SMEs as Borrowers: Case of Latvia," Contemporary Studies in Economic and Financial Analysis, in: Contemporary Issues in Finance: Current Challenges from Across Europe, volume 98, pages 63-76, Emerald Group Publishing Limited.
    5. Ramona Rupeika-Apoga & Irina Solovjova, 2017. "Access to Finance for Latvian SMEs," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 57-68.
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    More about this item

    Keywords

    MSP; family businesses; stability; performance. JEL Code: D21; A12; G30.;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines

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