Family Business: The Dominant and Oldest Sustainable Business

Author(s):  
Yimashi Silva Hannadige ◽  
Phil Harris
2016 ◽  
Vol 19 (2) ◽  
pp. 263
Author(s):  
Dewi M. Immanuel ◽  
Metta Padmalia

<em>This study aims to know whether the character of the entrepreneurial spirit of Ciputra University students which is expected to be the factor in being a successful enterprenour in the future, is influenced by parent who has a career as an independent enterprenour.  The population of the study is students who have completed a minimum of two year study, have  a sustainable business project at the time being, and have parents as family business entrepreneur. This is an exploratory qualitative research done by conducting in-depth interviews to students who become informants. Results from this study indicated that the character of the entrepreneurial spirit in the students themselves can be formed through an educational process, and also through action and the way of thought from parents in running the business. Character of entrepreneurial spirit is professionally sharpened the students in learning process at Ciputra University which is based on entrepreneurship.</em>


2020 ◽  
Vol 12 (14) ◽  
pp. 5540
Author(s):  
Marie Mikušová ◽  
Václav Friedrich ◽  
Petra Horváthová

The aim of this research was to find out whether family businesses create better opportunities for their economic sustainability in comparison with non-family businesses. That is, whether family businesses are more responsible in preparing for crises than non-family businesses. Having a sustainable business means being prepared for potential threats of all kinds. Research was carried out in 2019 on a sample of 2300 family and non-family enterprises. On the basis of statistically processed results, a minimum of significant differences in preparation for the crisis was identified. Even the basic hypothesis about a more responsible approach by family businesses to prepare for the crisis could not be accepted. It could not be noted that family businesses are building better conditions for their economic sustainability. The implication for praxis is to encourage owners to involve the family more in the preparation for crises, including development of formalised tools. Predetermined tools will help in solving crises that threaten the source of livelihoods of the whole family. The comparison of family and non-family businesses in this area, as yet unexplored, has the potential to contribute to the deepening of research in both crisis management and family business, which is the main contribution to the theoretical field.


2016 ◽  
Author(s):  
David Ransburg ◽  
Wendy Sage-Hayward ◽  
Amy M. Schuman

2008 ◽  
pp. 39-43
Author(s):  
Alicja Winnicka-Popczyk
Keyword(s):  

Artykuł dokonuje prezentacji wyników dotychczasowych badań (zagranicznych i krajowych) nad finansami przedsiębiorstw rodzinnych, jak również stanowi próbę rozpoznania podstawowych elementów logiki finansowej family business, w celu usprawnienia procesu zarządzania finansami oraz podniesienia ogólnej efektywności gospodarowania w tych jednostkach. Osiągnięte rezultaty badań nasuwają wniosek, że firmy rodzinne istotnie kierują się „szczególną logiką finansową”, spowodowaną osobistymi preferencjami dyrektorów finansowych będących jednocześnie członkami rodziny. Osobiste preferencje CFO mogą dotyczyć stosunku do: tempa wzrostu firmy, stopnia ponoszonego ryzyka oraz kontroli własności przedsiębiorstwa. Artykuł dostarcza także przykładów rozwiązań zalecanych przez ekspertów i stosowanych przez efektywne firmy rodzinne z zamiarem przezwyciężenia możliwych negatywnych skutków prowadzonej polityki finansowej.


Author(s):  
Harold James

The history of Krupp is the history of modern Germany. No company symbolized the best and worst of that history more than the famous steel and arms maker. This book tells the story of the Krupp family and its industrial empire between the early nineteenth century and the present, and analyzes its transition from a family business to one owned by a nonprofit foundation. Krupp founded a small steel mill in 1811, which established the basis for one of the largest and most important companies in the world by the end of the century. Famously loyal to its highly paid workers, it rejected an exclusive focus on profit, but the company also played a central role in the armament of Nazi Germany and the firm's head was convicted as a war criminal at Nuremberg. Yet after the war Krupp managed to rebuild itself and become a symbol of Germany once again—this time open, economically successful, and socially responsible. This book presents a balanced account, showing that the owners felt ambivalent about the company's military connection even while becoming more and more entangled in Germany's aggressive politics during the imperial era and the Third Reich. By placing the story of Krupp and its owners in a wide context, this book also provides new insights into the political, social, and economic history of modern Germany.


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