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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| Format: | Article |
| Language: | English |
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University of Petrosani
2017-12-01
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| 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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| _version_ | 1850214344705441792 |
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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 2247-8620 |
| 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 |