The Theoretical Approach to Succession of Family Business
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The study deals with the questions and problems of the succession of generations concerning family enterprises, discussing the main succession issues. On a world scale most of the family businesses do not survive the first generation, thus succession has become the most important problem. This is the reason why the succession of generations has become the central issue of several research projects. In the diagnostic phase of the research the aim is to present the phases of succession of generations, the succession processes, their method and the possibility of processes especially characteristic of agricultural economics with the help of secondary data, with the application of contemporary research results and a methodological approach.