Survival and longevity of family businesses: a case of eastern business culture

Show simple item record
dc.contributor.authorHewa Kuruppuge, Ravindra
dc.contributor.authorGregar, Ales
dc.date.accessioned2019-03-01T07:27:22Z
dc.date.available2019-03-01T07:27:22Z
dc.date.issued2018
dc.description.abstract-translatedThe main objective of this study is to understand how Sri Lankan family businesses’ survive over the long term, across generations. Even though previous studies on Western business culture have adequately conceptualized operations family businesses, a huge knowledge vacuum and/or several inconsistencies are shown in Eastern business culture in case of survival and longevity of family businesses. Studies from both cultures commonly affirm that family businesses outperform over non-family firms in the short run. Similarly, most studies from Western business culture assure that family businesses are suffering from business survival problem in the long run. Contradicting to this research finding emerged in Western business culture, most Sri Lankan family businesses are reported surviving over generation from the inception. As a result, a requirement of an academic analysis of Sri Lanka family businesses has emerged. Twenty two interviews from twelve family businesses (cases) facilitated an understanding of how family members become dedicated partners of the business and contribute to its survival. Respondents were either managers or owners. Purposive sampling techniques facilitated to select respondents from respective cases. Interviews indicated that education and business challenges motivate family members to remain strongly engaged in the business, as do familial bonds and the subsequent tacit knowledge. Further, respondents revealed the interdependence of business success and the personal success of family members. Therefore, family businesses in the context of Sri Lankan business culture have experienced above-average durations of business survival in comparison to Western business culture.en
dc.format16 s.cs
dc.format.mimetypeapplication/pdf
dc.identifier.citationE+M. Ekonomie a Management = Economics and Management. 2018, roč. 21, č. 4, s. 159-174.cs
dc.identifier.doihttps://dx.doi.org/10.15240/tul/001/2018-4-011
dc.identifier.issn2336-5604 (Online)
dc.identifier.issn1212-3609 (Print)
dc.identifier.urihttp://hdl.handle.net/11025/31103
dc.language.isoenen
dc.publisherTechnická univerzita v Libercics
dc.relation.ispartofseriesE+M. Ekonomie a Management = Economics and Managementcs
dc.rightsCC BY-NC 4.0en
dc.rights.accessopenAccessen
dc.subjectrodinné podnikánícs
dc.subjectzapojení rodinycs
dc.subjectzáchrana podnikůcs
dc.subjectúspěch podnikánícs
dc.subjectvýchodní podnikatelská kulturacs
dc.subjectzápadní podnikatelská kulturacs
dc.subjectSri Lankacs
dc.subject.translatedfamily businessen
dc.subject.translatedfamily involvementen
dc.subject.translatedbusiness survivalen
dc.subject.translatedbusiness successen
dc.subject.translatedeastern business cultureen
dc.subject.translatedwestern business cultureen
dc.subject.translatedSri Lankaen
dc.titleSurvival and longevity of family businesses: a case of eastern business cultureen
dc.typečlánekcs
dc.typearticleen
dc.type.statusPeer-revieweden
dc.type.versionpublishedVersionen

Files

Original bundle
Showing 1 - 1 out of 1 results
No Thumbnail Available
Name:
EM_4_2018_11.pdf
Size:
976.53 KB
Format:
Adobe Portable Document Format
Description:
Plný text
Download
License bundle
Showing 1 - 1 out of 1 results
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Číslo 4 (2018)
Číslo 4 (2018)