1. Emil Papazov, 2. Kiril Todorov
In recent decades, family businesses enjoy the special attention of researchers and scientists in the areas of entrepreneurship, management, economic development and small business. The interest of researchers in these areas is understandable because at least unquestionable contribution of family business for sound economic development in comparison with thenon-family business. More or less, researchers from those areas focus primarily on economic and management issues of family business as a relatively modest emphasis on family-related problems is being put.
Incorporating family relationships in the relations arising in the processes of the business itself, including its governance, poses specific problems whose solution depends on the success of the business. Assuming that it is hardly possible to fully distinguish between family and business issues in a family enterprise, leads to the idea that it is necessary to establish business relations skillfully managing a ‘family – business’, instead of trying a similar relationship to be completely separated.
Relations between family and business cover issues such as:
• Selection and Employment of family members;
• Rewarding family members;
• Erection of management positions of family members;
• Transfer of ownership in the family business between two or more generations as well as landmark relatives from one generation;
• Relations with sisters-in-law, brother-in-law and lovers;
• Allocation and division of property;
• Representativeness of the family in managing the family business.
This report will provide an overview of theoretical concepts, research resultsand own case studies in respect of approaches, methods and practical solutions in managing the relationships‘family –business’.
Tematska oblast:
Uvodni rad:
Da
Datum:
01.06.2011.
Br. otvaranja:
667
