Kozminski University

Founded in 1993, Kozminski University is a business-oriented higher education institution offering a broad range of education programs, holding full academic rights, and considered to be the best business school in Central and Eastern Europe according to the Financial Times ranking. We also pride ourselves in having obtained three prestigious international accreditations: AACSB, EQUIS and AMBA, held by only 125 business schools worldwide. The Perspektywy national rankings have ranked KU as one of the TOP 3 of Polish economic higher education institutions for more than 10 years now, and as the best of non-public higher education institutions for 24 years.

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Research shows entrepreneurs pondering how to exit their companies most often turn to close friends and family for guidance. (Razvan Chisu/Unsplash)

Social networks play a key role when entrepreneurs cut ties to their companies

Narongsak (Tek) Thongpapanl, Brock University; Eugene Kaciak, Brock University; Izabela Koladkiewicz, Kozminski University, and Marta Wojtyra, Kozminski University

Social ties can help entrepreneurs acquire necessary information and insights about their plans to exit a company, as well as provide them with emotional support.

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