2017
Legal and economic context of the Czech Civil Code rules on family enterprises
JANKŮ, MartinBasic information
Original name
Legal and economic context of the Czech Civil Code rules on family enterprises
Name in Czech
Právní a ekonomické souvislosti úpravy rodiného závodu v občanském zákoníku ČR
Authors
JANKŮ, Martin
Edition
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Brno, MZLU v Brně, 2017, 1211-8516
Other information
Language
English
Type of outcome
Article in a journal
Field of Study
50500 5.5 Law
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
References:
Organization unit
University of Finance and Administration
Keywords (in Czech)
Rodinný závod; podnikání; vlastnictví; zisky z činnosti rodinného závodu;
Keywords in English
family enterprise; business; ownership; gains from performance of family enterprise;
Tags
International impact, Reviewed
Changed: 1/3/2018 10:04, Bc. Jan Peterec
V originále
The family-run business model is in the Czech Republic not used in the scope, as it is the case of other EU Member States. Until recently one of the reasons was also the absence of a legislative framework that would give to the family business or its organization a comprehensive and systematic rules and a stable order. This has – from a part – changed since January 1 st , 2014 with the entry into force of the new Czech Civil Code, Act No. 89/2012 Coll. The present paper aims at pointing out the ways, forms and the diversity of family business from business in general according to the legislation in the Civil Code introducing in its Sections 700 – 707 the institute of family enterprise. In the context of economic-legal analysis undertaken some aspects related to the family enterprise are highlighted, in particular the sharing of profit gains, employment of family members in the operation of the family enterprise and the continuing of operation of the family business after the death of the family member being in the legal position of the entrepreneur.