Family Owned Businesses Essay

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Total Length: 829 words ( 3 double-spaced pages)

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Moshavi D. & Koch M.J., (n.d). The Adoption of Family-Friendly Practices in Family Owned Firms.

The article is centered on the family business and how the conflicts that emanate from the family business affects the non-family employees and what repercussions it has on the business as well. It highlights the work and family systems interaction and how that interaction can be managed. This is an empirical investigation into how the family business owners manage the work and family conflicts that face the non-family employees. The article first highlights some pertinent theories that help explain the influence of family on business like the resource-dependency theory and institutional theory in order to help the reader understand the entire concept. The researcher used the survey method to collect his data and 680 human resource manager filled in questionnaires that were used. The dependent variable is sighted as work-family responsiveness and the independent variable used here is the family ownership. The research finds out that the non-family owned firms were likely to adopt the flextime than the family owned. This was the same trend for the flexible speeding accounts use and more likely to use the resource referral programs as the article indicates.

Beehr T.A., Drexler J.A. & Faulkner S., (1997).

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Working in a Small Family Business: Empirical Comparison to Non-Family Businesses. Journal of Organizational Behavior, Vol. 18.John Wiley & Sons Ltd.

The article highlights the factors and conflicts that surround the ownership of a small family firm in specific. The article fist looks at the positives and negative areas of working in a family business, to both the individual and the business. In order to come up with the data, the researchers did a literature review on family business as well as preliminary interviews. The hypothesis here is that "conflicts should be associated with negative outcomes." The overriding theme and findings here is that more conflicts seem to be found among the family owned businesses than those that are not family owned. The data was gathered from randomly picked respondents who were business owners and contact kept over a long period of time. There were also interviews among 20 family and non-family members of 6 businesses in Michigan.

Jennings J.E., Breitkreuz Rhoda S. & Albert J.E., (2013). When Family Members are also Business Owner: Is Entrepreneurship God for Families?

The article is on the effect of business ownership on families. This is an agenda setting paper that looks into the issue of whether family business ownership….....

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