FAMILY BUSINESSES
May 1st, 2005
BY MONICA DOBIECONTRARY to popular belief, experts now say that combining family and business can work after all. A new study, published in the USA journal Entrepreneurship Theory and Practice, examined top management teams consisting of a parent and child relationships, other family structures such as siblings and cousins and those with no family links.According to the study, non-parent-child family teams were the most dysfunctional, with the highest level of relationship conflict among the three groups, while parent-child teams were the most effective.The ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.