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Comparison of small businesses with family participation ver businesses without family participation an Investigation of differences in goals, attitudes, and

By: Lee,Myung-Soo

Material type: Article

ArticlePublisher: 1996Description: 426 - 437 In: Family Business ReviewSummary: This study investigates three important issues in a family business: (1) Whether there is a significant difference, relative to their goals and attitudes, between owners of businesses with family participation and owners of businesses without family participation; (2) whether owners of businesses with family participation perceive higher levels of business-family conflict than owners of businesses without family participation; and (3) whether owners of businesses with family participation view business-family conflict as a significant impediment to their business performance. We conducted a survey of 231 small business owners in midsize cities in the northeastern and midwestern United States. Of the total sample, 118 are businesses in which two or more family members are employed. This study examines both the reported conflict and the positives of family-member involvement. The findings indicate that there is no overall difference in business-related goals between the two groups, but that owners of businesses with family participation do experience significantly more business-family conflict. The study also concludes that this conflict is generally well managed and does not...

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Item type	Current location	Call number	Vol info	Status	Date due	Barcode
Articles	Ahmedabad (HO)	(Browse shelf)	Vol. 9, Issue. 4	Available		020023

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Previous	Effects of family business membership and psychological sepa the career development of late adolescents	Finance in family business	Boards of Directors in Italian family businesses	Comparison of small businesses with family participation ver businesses without family participation	Strategic management of the family business	Perceptions are reality	Non-market-based transfers of wealth and power	Next

This study investigates three important issues in a family business: (1) Whether there is a significant difference, relative to their goals and attitudes, between owners of businesses with family participation and owners of businesses without family participation; (2) whether owners of businesses with family participation perceive higher levels of business-family conflict than owners of businesses without family participation; and (3) whether owners of businesses with family participation view business-family conflict as a significant impediment to their business performance. We conducted a survey of 231 small business owners in midsize cities in the northeastern and midwestern United States. Of the total sample, 118 are businesses in which two or more family members are employed. This study examines both the reported conflict and the positives of family-member involvement. The findings indicate that there is no overall difference in business-related goals between the two groups, but that owners of businesses with family participation do experience significantly more business-family conflict. The study also concludes that this conflict is generally well managed and does not...

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