scholarly journals Family Business - Sustainability Model

2020 ◽  
Vol 27 (3-4) ◽  
pp. 45-60
Author(s):  
Petr Svoboda
2022 ◽  
pp. 583-600
Author(s):  
Ben Akume ◽  
Osarumwense Iguisi

Though literature in family perpetuity and sustainability is well documented from the advanced economies, there is scarcity of insights from emerging markets where this research relates. The study, therefore, sought to investigate, understand, and interpret the underlying drivers of sustainability in small family businesses using the stewardship theory paradigm in the Nigerian family business environment. A qualitative method with 41 in-depth interviews involving owners and managers of family-owned small and medium businesses was conducted. The study empirically shows that there is an interrelationship between family structure and business sustainability; hence, the practice of polygamy was found to be inimical to family business success and sustainability. Building on the stewardship theory, the paper develops a model of sustainability for small and medium family businesses. The study contributes to the theoretical literature on stewardship and family business sustainability.


2018 ◽  
Author(s):  
Mastura Jaafar ◽  
Azlan Raofuddin Nuruddin ◽  
Syed Putra Syed Abu Bakar

2018 ◽  
Vol 10 (1) ◽  
pp. 246 ◽  
Author(s):  
Mohammed Oudah ◽  
Fauzia Jabeen ◽  
Christopher Dixon

2019 ◽  
Vol 44 (4) ◽  
pp. 408
Author(s):  
A. Sofyan ◽  
E. Suprijatna ◽  
S. I. Santoso ◽  
A. Setiadi

This study was aimed to analyze factors and models of business sustainability of smallholder layer farms in Kendal Regency, Indonesia. Purposive sampling method was used to select 120 active layer chicken farmers in Sukorejo, Pageruyung, Patean, Limbangan, and Boja Districts as research respondents with the ownership of 300 to 10,000 birds. Research variables consisted of three external variables (social, economic, and institutional) and two internal variables (income and business sustainability). Closed questionnaires were used to collect data. The data were analyzed descriptively using Structural Equation Modeling (SEM) by AMOS 21 software. The results showed that the exogenous and endogenous variables met the modeling criteria with Chi square value = 160.764; probability = 0.380; CMIN / DF = 1.031; GFI = 0.892; AGFI = 0.841; TLI = 0.998; CFI = 0.998; RMSEA = 0.016. Social, economic, institutional and income variables had a significant and positive influence (P≤0.05) on business sustainability. The constructed model had a strong and positive relationship, so it could illustrate the sustainability model of layer business in Kendal Regency.


2021 ◽  
Vol 9 (10) ◽  
pp. 79-101
Author(s):  
Kartib Bayu

The policy of preventing the transmission of Covid-19 through Large-Scale Social Borders and the Enforcement of Restrictions on Community Activities has had an impact on the economy. Many micro and small businesses have stopped operating, workers have been laid off, unemployment has increased, and there has been new poverty. This study aims to implement a business sustainability model that can adapt to new normal conditions supported by digital platform applications in a rural area and obtain a Covid-19 prevention model with a change in business governance orientation approach that can adapt to the new normal era. The research method used is literature study, exploratory survey, experimental research, and applied research. A field survey was conducted to obtain primary data at the village level. An experimental method to test business sustainability models and digital platform applications on micro and small businesses. Digital platform literacy is carried out through online workshops. The unit of analysis is micro and small business actors. The data analyzed are time series. The research site was in Sumedang Regency from September 2020 to July 2021. The results showed that during the Covid-19 pandemic there were micro and small business activities that made changes, although there were also those who laid off their businesses. Adjustments in the form of substitution of raw materials, modification, diversification, making new products, and changing the way of marketing. The digital platform design is made on a web and android based to carry out the function or process of online transactions for micro and small business products in rural areas. It is hoped that MSE entrepreneurs will understand, through complete information, adjusting needs, as well as helping prevent the transmission of Covid-19 and can support business sustainability in the new normal era.


2018 ◽  
Vol 1 (1) ◽  
pp. 3
Author(s):  
Linda Salim ◽  
Mohd. Noor Shariff ◽  
Darwina Ahmad Arshad

<p>Using qualitative interviews to understand the mindset of family business leaders in succession, this study proposes that attitude toward conflict is an important decision making element. A collective case studies uncover how attitude toward conflict predicts decision making during succession and influence optimism on the future of the firms. Findings of the study suggest that predecessors who welcome conflicts as a part of family firms take a more relaxed attitude toward succession, with a wider talent pool. This group are also more egalitarian in strategic decision making and optimistic toward the future of the firms. Predecessors who avoid conflict have smaller talent pool, making decisions to nominate few for the position. They is cautious, making decisions for the successors, and are pessimistic about the future of the firms. Contributions from this study are threefold. First, we introduce the use of attitude toward conflict to measure predecessors' behaviors during succession. Second, through identification of attitude toward conflict, we contribute to the literature by predicting predecessors' optimisms toward the future of the firms in the hands of the next generations. Third, this study contributes another dimension to reciprocal nepotism through discovery that family businesses upholding reciprocal nepotism behave differently.</p>


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