EXTERNAL DETERMINANTS OF FAMILY BUSINESS BEFORE AND DURING CORONACRISIS IN SLOVAKIA
Keywords:
woodworking and furniture enterprises, family business, external barriers, pandemic, COVID-19Abstract
The aim of this paper is to identify significant differences in barriers in the segment of family-owned woodworking and furniture enterprises in Slovakia before and during the COVID-19 pandemic, based on an assessment of the current state of family-owned enterprises in Slovakia. Our objective was to gain an up-to-date perspective on family businesses concerning external barriers that directly affect family businesses through a questionnaire survey. The established hypotheses were tested using statistical methods: analysis of variance, Interval estimation of relative abundance, and Duncan's post-hoc test. Based on the findings obtained by the questionnaire, it was found that there are significant differences in importance between the barriers of the external micro and macro environment before and during the COVID-19 pandemic. The results contribute to science and practice and open possibilities for further research in the sector of Slovak woodworking and furniture family businesses.
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