SYSTEMIC COMPONENTS OF FAMILY BUSINESSES

The importance of family businesses for the business environment is reflected both in the academic literature and through studies on their benchmarking indicators. Thus, in this paper, after highlighting several aspects of the concept of family business and the characteristic elements of the strateg...

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Main Author: CLAUDIA ISAC
Format: Article
Language:English
Published: University of Petrosani 2017-12-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:https://www.upet.ro/annals/economics/pdf/2017/p2/Isac_4.pdf
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author CLAUDIA ISAC
author_facet CLAUDIA ISAC
author_sort CLAUDIA ISAC
collection DOAJ
description The importance of family businesses for the business environment is reflected both in the academic literature and through studies on their benchmarking indicators. Thus, in this paper, after highlighting several aspects of the concept of family business and the characteristic elements of the strategies and policies of family businesses, we have summed up the reports drawn up at national and European level. We have also presented the operational aspects of the successful development of family businesses by passing them on to several future generations. At the end of the paper we synthesized several statistical data showing the importance of family businesses and the need to analyse them.
format Article
id doaj-art-30644f0bda9243e6a62240edbc6cd9f0
institution OA Journals
issn 1582-5949
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language English
publishDate 2017-12-01
publisher University of Petrosani
record_format Article
series Annals of the University of Petrosani: Economics
spelling doaj-art-30644f0bda9243e6a62240edbc6cd9f02025-08-20T02:08:56ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202017-12-01172131138SYSTEMIC COMPONENTS OF FAMILY BUSINESSESCLAUDIA ISAC0University of Petroşani, RomaniaThe importance of family businesses for the business environment is reflected both in the academic literature and through studies on their benchmarking indicators. Thus, in this paper, after highlighting several aspects of the concept of family business and the characteristic elements of the strategies and policies of family businesses, we have summed up the reports drawn up at national and European level. We have also presented the operational aspects of the successful development of family businesses by passing them on to several future generations. At the end of the paper we synthesized several statistical data showing the importance of family businesses and the need to analyse them. https://www.upet.ro/annals/economics/pdf/2017/p2/Isac_4.pdffamily businessbusiness environmententrepreneurship
spellingShingle CLAUDIA ISAC
SYSTEMIC COMPONENTS OF FAMILY BUSINESSES
Annals of the University of Petrosani: Economics
family business
business environment
entrepreneurship
title SYSTEMIC COMPONENTS OF FAMILY BUSINESSES
title_full SYSTEMIC COMPONENTS OF FAMILY BUSINESSES
title_fullStr SYSTEMIC COMPONENTS OF FAMILY BUSINESSES
title_full_unstemmed SYSTEMIC COMPONENTS OF FAMILY BUSINESSES
title_short SYSTEMIC COMPONENTS OF FAMILY BUSINESSES
title_sort systemic components of family businesses
topic family business
business environment
entrepreneurship
url https://www.upet.ro/annals/economics/pdf/2017/p2/Isac_4.pdf
work_keys_str_mv AT claudiaisac systemiccomponentsoffamilybusinesses