Management of family businesses

The study reviews three main models of the familiness after defining family business and estimating the economical power of this kind of businesses. The familiness is a specific factor of the familiy-controlled businesses which allows family businesses to achieve a competitive advantege over non-fam...

Full description

Saved in:
Bibliographic Details
Main Author: Farkas Gergely
Format: Article
Published: 2011
Series:Proceedings of the "Scientific Management" and Management Science Today International Scientific Conference
Kulcsszavak:Vállalkozás - családi
Online Access:http://acta.bibl.u-szeged.hu/57888
Description
Summary:The study reviews three main models of the familiness after defining family business and estimating the economical power of this kind of businesses. The familiness is a specific factor of the familiy-controlled businesses which allows family businesses to achieve a competitive advantege over non-family-controlled businesses. The first model attempts to define the factors of the familiness within the framework of the theory of social capital. The second model provides a quantitative comparison between companies interpreting the familiness as continual dimension. The third emphasizes the possible advantages and disadvantages of the familiness on the strength of analisysing interviews. The three models have been developed by different methodology. Understanding the advantages and disadvantages of these three models we got closer to make the complex system of the cooperation of the family and the business allowing more control over family business to their leaders.
Physical Description:154-164
ISBN:978-963-306-176-3