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International Journal of Advanced Research
Article . 2024 . Peer-reviewed
Data sources: Crossref
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FAMILY, BUSINESS AND FAMILY BUSINESS

Authors: Shreyas Kulkarni;

FAMILY, BUSINESS AND FAMILY BUSINESS

Abstract

This research explores intersections between family, business, and family business. The study characterises the difference with the aim to clarify conceptual differences and their individual role in the society. While family refers to a social unit tied by emotional bonds, business represents a commercial activity driven by financial goals. Family business, however, is a unique combination of the two. Family businesses are uniquely positioned to balance the personal concerns with professional concerns and focuses on longevity and identity over quick profitability. This study provides a key difference that emphasises on how each aspect is different and yet they complement each other. Factors such as governance, leadership, and the role of family values are explored. The paper aims to contribute to a deeper understanding of family and non-family business and explore how family harmony and business success is maintained.

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    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    1
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
gold