"Who will (or should) inherit the earth?" : the new challenge of Hungarian change and crisis management: issues of responsible succession of family businesses

Noszkay Erzsébet: "Who will (or should) inherit the earth?" : the new challenge of Hungarian change and crisis management: issues of responsible succession of family businesses.

[thumbnail of proceedings_of_the_scientific_management_348-358.pdf]
Preview
Cikk, tanulmány, mű
proceedings_of_the_scientific_management_348-358.pdf

Download (9MB) | Preview

Abstract

According to EU statistics – an average figure in developed market economies – family entrepreneurships do not survive a generation shift. According to the French Chamber, in case of a seemingly planned and methodically executed company inheritance (from a retiring owner to another family member) every third company has not even survived the transfer after seven years. Also nearly 20% fall victim of the transfer process itself. This is certainly a serious loss of property with regard to the national wealth, and also a very serious financial loss to the affected families themselves, not to mention the emotional strain. The company inheritance’s pitfalls often appear as specific signs of crisis, thus crisis management experts are confronted by this problem in Hungary. As the author is an expert in a specific field of consultancy, the present study does not scrutinise possible types of heredity (outputs), but rather its methodological aspects.

Item Type: Conference or Workshop Item
Journal or Publication Title: Proceedings of the "Scientific Management" and Management Science Today International Scientific Conference
Date: 2013
ISBN: 978-963-306-176-3
Page Range: pp. 348-358
Language: English
Publisher: University of Szeged Faculty of Economics and Business Administration
Place of Publication: Szeged
Event Title: Principles of Scientific Management : International Scientific Conference
Event Type: Conference
Event Location: Szeged
Event Dates: 2011
Related URLs: http://acta.bibl.u-szeged.hu/57419/
Uncontrolled Keywords: Vállalkozás - családi
Additional Information: Bibliogr.: 358. p. ; összefoglalás angol nyelven
Subjects: 05. Social sciences
05. Social sciences > 05.02. Economics and business
Date Deposited: 2019. May. 16. 12:46
Last Modified: 2022. Dec. 12. 14:18
URI: http://acta.bibl.u-szeged.hu/id/eprint/57909

Actions (login required)

View Item View Item