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Management Practices in Bulgarian Family and Non-family SMEs: Exploring “Real” Differences

In: Family Businesses in Transition Economies


  • Desislava Yordanova

    (University “St. Kliment Ohridski”)

  • Zhelyu Vladimirov

    (University “St. Kliment Ohridski”)

  • Ralitsa Simeonova-Ganeva

    (University “St. Kliment Ohridski”)


Family businesses constitute an important part of the economies in Central and Eastern Europe. However, there is a lack of understanding about differences between family and non-family businesses in this context. This study investigates differences in management practices between Bulgarian family and non-family SMEs. To detect real rather than sample differences we apply multivariate statistical techniques that controls for the effects of a number of contextual variables as recommended by Jorissen et al. (Family Business Review 18(3):229–246, 2005). The chapter ends with discussion of the empirical findings and research and practical implications.

Suggested Citation

  • Desislava Yordanova & Zhelyu Vladimirov & Ralitsa Simeonova-Ganeva, 2015. "Management Practices in Bulgarian Family and Non-family SMEs: Exploring “Real” Differences," Springer Books, in: Léo-Paul Dana & Veland Ramadani (ed.), Family Businesses in Transition Economies, edition 127, pages 113-138, Springer.
  • Handle: RePEc:spr:sprchp:978-3-319-14209-8_6
    DOI: 10.1007/978-3-319-14209-8_6

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