Basic demographic variables of the sample
| Descriptive | Relative frequency | |
|---|---|---|
| Firm size | Micro (1–9 employees) | 27.1% |
| Small (10–49 employees) | 60.1% | |
| Medium (50–249 employees) | 12.8% | |
| Industry | Manufacturing | 12.8% |
| Construction | 9.0% | |
| Wholesale and retail | 17.3% | |
| Services | 49.6% | |
| Other | 11.3% | |
| Generational involvement | First generation | 27.8% |
| Second generation | 46.6% | |
| Third generation | 22.6% | |
| Fourth generation | 3.0% | |
| Descriptive | Relative frequency | |
|---|---|---|
| Firm size | Micro (1–9 employees) | 27.1% |
| Small (10–49 employees) | 60.1% | |
| Medium (50–249 employees) | 12.8% | |
| Industry | Manufacturing | 12.8% |
| Construction | 9.0% | |
| Wholesale and retail | 17.3% | |
| Services | 49.6% | |
| Other | 11.3% | |
| Generational involvement | First generation | 27.8% |
| Second generation | 46.6% | |
| Third generation | 22.6% | |
| Fourth generation | 3.0% | |
Source(s): Created by authors
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