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Characteristics Of Family Businesses In Albania – A Statistical Study

Author

Listed:
  • Lect. Ph.D Brikena Leka

    (University of Tirana, Department of Finance, Rruga e Elbasanit, Tirana, Albania)

  • Lect. Ph.D Rezarta Shkurti

    (University of Tirana, Department of Accounting, Visiting researcher, Center for Study of Global, Governance, LSE, Tirana, Albania)

Abstract

Family businesses present a considerable part of the formal economy in the developed countries. This paper tries to investigate the links between the initiative to open family businesses and the personal,ocio-economic factors present in our country. We used the results of 300 uestionnaires completed by individuals interviewed from the biggest cities in Albania. Based on these data we find that the link between education and the initiative to open a family firm is not important. The relation between age group and the initiative to open a family firm is nearly important. The link between the initiative to open a family firm and the income level was significant at the 0.01 level while the link between the initiative to open a business and the living residency was significant at the 0.05 level favoring individuals who live in the capital city.

Suggested Citation

  • Lect. Ph.D Brikena Leka & Lect. Ph.D Rezarta Shkurti, 2010. "Characteristics Of Family Businesses In Albania – A Statistical Study," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(14), pages 168-177, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2010:i:14:p:168-177
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    More about this item

    Keywords

    family business incentives; risk undertaking; business opening initiatives properties of young enterprisers;

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance

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