Název: Survival and longevity of family businesses: a case of eastern business culture
Autoři: Hewa Kuruppuge, Ravindra
Gregar, Ales
Citace zdrojového dokumentu: E+M. Ekonomie a Management = Economics and Management. 2018, roč. 21, č. 4, s. 159-174.
Datum vydání: 2018
Nakladatel: Technická univerzita v Liberci
Typ dokumentu: článek
article
URI: http://hdl.handle.net/11025/31103
ISSN: 2336-5604 (Online)
1212-3609 (Print)
Klíčová slova: rodinné podnikání;zapojení rodiny;záchrana podniků;úspěch podnikání;východní podnikatelská kultura;západní podnikatelská kultura;Sri Lanka
Klíčová slova v dalším jazyce: family business;family involvement;business survival;business success;eastern business culture;western business culture;Sri Lanka
Abstrakt v dalším jazyce: The main objective of this study is to understand how Sri Lankan family businesses’ survive over the long term, across generations. Even though previous studies on Western business culture have adequately conceptualized operations family businesses, a huge knowledge vacuum and/or several inconsistencies are shown in Eastern business culture in case of survival and longevity of family businesses. Studies from both cultures commonly affirm that family businesses outperform over non-family firms in the short run. Similarly, most studies from Western business culture assure that family businesses are suffering from business survival problem in the long run. Contradicting to this research finding emerged in Western business culture, most Sri Lankan family businesses are reported surviving over generation from the inception. As a result, a requirement of an academic analysis of Sri Lanka family businesses has emerged. Twenty two interviews from twelve family businesses (cases) facilitated an understanding of how family members become dedicated partners of the business and contribute to its survival. Respondents were either managers or owners. Purposive sampling techniques facilitated to select respondents from respective cases. Interviews indicated that education and business challenges motivate family members to remain strongly engaged in the business, as do familial bonds and the subsequent tacit knowledge. Further, respondents revealed the interdependence of business success and the personal success of family members. Therefore, family businesses in the context of Sri Lankan business culture have experienced above-average durations of business survival in comparison to Western business culture.
Práva: CC BY-NC 4.0
Vyskytuje se v kolekcích:Číslo 4 (2018)
Číslo 4 (2018)

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