Exploratory study of conflict and the family business agreement
Abstract
A family business is comprised of two or more interlinking systems that determine its performance (McCollum, 1988). Using a sample of 632 small family businesses, this thesis investigated the relationship between conflict factors (family, interrole, work, and couple) to the proposed proxy of balance between the family and the business: a family business agreement. A variable that had a positive impact on a family business agreement was total experience of the business owner. Further, three variables increased the probability of having a family business agreement: separation of family and family business, perception that family comes first, and conflict that arises when decisions are in favor of the family versus the family business. The variable that had a negative impact on a family business agreement was division of ownership. Moreover, tension due to unresolved conflict decreased the probability of having a family business agreement.
Degree
M.S.
Advisors
Marshall, Purdue University.
Subject Area
Agricultural economics
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