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An Analysis of Entrepreneurship in Family-Owned Stock Companies

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  • Mioduchowska-Jaroszewicz Edyta

    (University of Szczecin, Institute of Economics and Finance, Mickiewicza 64, Szczecin, Poland)

Abstract

Research background: Family businesses are included in the functioning of each market transaction. testing their development and dissemination can be an interesting area of research from the point of view of hierarchy and from the point of view of the owners of these companies.Purpose: The purpose of the article was to present an analysis of entrepreneurship of family-owned companies listed on the Warsaw Stock Exchange (WSE).Researcher methodology: The quantitative analysis method, including also the descriptive statistics method, ratio analysis, and inference was incorporated. The study was based on the financial data of 38 family capital groups. The data analysis on entrepreneurship in the years 2009–2018 indicates that in the case of all of the studied companies most were in a stable situation. The analysis of entrepreneurship, which takes into account the rate of income growth and efficiency indicators, indicates that the examined group of family companies was characterized by a high level of entrepreneurship throughout the analysed period, thus showing a downward trend.The results: The results of the research may form the basis for further research in the field presented in the article with an emphasis on sector diversification, the size of companies and the extension of the analysed time periods.Novelty: Entrepreneurship research in family entities can be seen from the point of view of the rate of increase of revenues and efficiency of assets and cash efficiency.

Suggested Citation

  • Mioduchowska-Jaroszewicz Edyta, 2020. "An Analysis of Entrepreneurship in Family-Owned Stock Companies," Folia Oeconomica Stetinensia, Sciendo, vol. 20(1), pages 266-285, June.
    • Handle: RePEc:vrs:foeste:v:20:y:2020:i:1:p:266-285:n:16
    DOI: 10.2478/foli-2020-0016
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    More about this item

    Keywords

    dynamic sales; ROA; cash productivity assets;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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