SME leaders face specific tasks generated by challenges of our time. As a result organizations are to move towards professionalized operation driven by succession. The aim of the authors is to examine the change in size of Hungarian SMEs which experienced one of the succession types. The main...

Small- and medium sized enterprises (SMEs) are one of the most important driving forces of the performance of Hungarian economy. Not only because of their flexibility due to their small size but also their adaptability to the environmental changes. One of the most significant processes during...

Researchers have been studying the management based approach in SMEs since the 1980’s which has become an emergent theme in postâ€socialist countries after the changes of the 1990’s. The force of generation change puts the phenomenon of business succession forward both...