Exploring the construct of family business in the emerging markets
by Vipin Gupta, Nancy Levenburg, Lynda L. Moore, Jaideep Motwani, Thomas V. Schwarz
International Journal of Business and Emerging Markets (IJBEM), Vol. 1, No. 2, 2008

Abstract: This paper examines the relevance for the emerging markets of the construct of family business, in terms of three parameters – pre-dominance of the family in business, engagement of the family dominantly in the business, and identification of the family with the business. The literature proposes these parameters to be the distinctive measures of family business construct. Using the GLOBE cultural clustering, family business models are studied in various emerging market cultures. Many diverse models of family businesses are found to be rated low on the three parameters. The study suggests a need for additional ways of measuring family influence.

Online publication date: Sun, 19-Oct-2008

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