Case study: Beznoska: Sell Me Your Stocks

Martin Jurek, Mohit Srivastava (), Karel Pernica and Jiří Hnilica
Additional contact information
Martin Jurek: Palacky University Olomouc
Mohit Srivastava: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School
Karel Pernica: VSE - Prague University of Economics and Business
Jiří Hnilica: VSE - Prague University of Economics and Business

Post-Print from HAL

Abstract: In late January 2020, the chief executive officer and third-generation successor of BEZNOSKA s.r.o., a traditional Czech manufacturer of joint implants, was preparing for an annual shareholders' meeting with the family business owners. The annual report indicated that the company had experienced its worst financial year in its 30-year history. The company was also facing challenges from new competitors in the market and the need to comply with a new legislation. The chief executive officer was planning to stop issuing dividend payments from the company's profits to the three owners of the family business, who were his family members. The chief executive officer knew that his decision would be contentious, especially for his aunt who was not active in the company but had criticized his performance in the past. The chief executive officer decided that the best solution to the ongoing problems was for his aunt to sell her stake in the family business, which she would likely reject. But even if she were to agree, how should the ownership shares be restructured?

Keywords: Equity; Diversity; Inclusion (search for similar items in EconPapers)
Date: 2023-07-25
References: Add references at CitEc
Citations:

Published in Case study W31002, 2023, 10 p

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05065103

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().