Selected Problems of Family Business: A Case Study from Slovakia

The scientific paper deals with a part of the business sector, which is made up of family businesses. The paper presents the current status of such businesses from the perspective of positive and negative factors which will be linked to the problem areas. In this article, we have focused our attention on some aspects of family business, especially the managerial aspects, because the management of a family business has various differences and specifics compared to other types of businesses. In the theoretical part, we present the current state of the issue, while the empirical part of the article is based on a survey conducted among family businesses using a questionnaire. This article does not aim to highlight the contentious areas of family business. However, it brings valuable findings of business practice. More than 400 enterprises were approached, the resulting sample consisted of 185 family enterprises. Therefore, we understand the results as a case study from Slovakia. Our findings were subject to statistical analysis using several quantitative methods (t-test, regression models) and we present them in the empirical part. Based on our results, we bring the most valuable findings and ideas for further research.