Family is emotions and business is about economics, both being in separable. It has to be the best combination of values, ethics, dedication and discrete potential offered by each family member. The case becomes challenging ...

Many small and micro businesses are family-owned and have proved that they are successful. Davis and Tagiuri (1982) defined as: organizations where two or more extended family members influence the direction of the business ...

Historically, family as a social institution has been one of the oldest surviving business units in India, as anywhere else, constituting above 75% in terms of ownership. Most of the researches in family business are limited ...

Research studies in family business have witnessed a steady rise in all forms of intellectual discourses. The enterprising families in which each generation adds a layer of entrepreneurial contribution are found across the ...

Through the study of top 100 pharmaceutical companies in India, an attempt has been made to identify the ownership pattern, control, and succession in familyowned pharma businesses in India. For identification of top 100 ...

An entrepreneurs's lack of succession planning can lead to several failures, loss of jobs and a ripple effect on the economy. Small family business succession is gaining increased prominence particularly in Europe and the ...