Characteristics of Family Business through the Eyes of the African Researchers

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F23%3A00010479" target="_blank" >RIV/46747885:24310/23:00010479 - isvavai.cz</a>
Result on the web
<a href="https://wairco.org/IJCMSS/August2022PaperC2224B002.pdf" target="_blank" >https://wairco.org/IJCMSS/August2022PaperC2224B002.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Characteristics of Family Business through the Eyes of the African Researchers
Original language description
As family businesses are in European market usually considered the private companies owned by one or more families and their members, who have a common history and, through the active cooperation of family members, form a future plan based on the long-term sustainability of the business. However, a uniform generally applicable definition has not been introduced, yet. Moreover, the specification of the family business could differ between the countries and continents. Therefore, if we want to deal with the family business issue, it is first necessary to determine how the term „family business” is understood in the given locations. Therefore, this work aims to present how family businesses are perceived in the least developed countries of the world in Africa and what are its most specific characteristics. Using data collected from a primary survey questionnaire in 20 African countries, we found the most important characteristics of the family businesses in Africa. They are similar to those presented in researches on family businesses in Europe; however, in contra to finding in the Europe, we found, that for African researchers, it is important, that the family business owners live the same permanent address as the place/address of the business is.
Czech name
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Czech description
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Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical
International Journal of Conceptions on Management and Social Sciences
ISSN
2357-2779
e-ISSN
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Volume of the periodical
9
Issue of the periodical within the volume
1
Country of publishing house
LK - THE DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA
Number of pages
7
Pages from-to
1-7
UT code for WoS article
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EID of the result in the Scopus database
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