[Solution]Family Business

Introduction             Although most of the successful businesses in the U.S are Family-owned, a considerable number of family businesses do not go beyond the second…

Introduction

            Although most of the successful businesses in the U.S are Family-owned, a considerable number of family businesses do not go beyond the second generation. Family businesses are faced with various challenges ranging from normal corporate challenges to family feuds.  This paper examines the operations of a family business and connects to the concepts of social exchange theory and agency theory. The paper is based on the…..
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