In the article on Australian Business Review, the author explained that merging of the systems of business and family highly contribute to feuds in most family-owned businesses. The fusion of the systems affects the social exchange theory. Social exchange theory examines how people in any relationship engage in exchanges to sustain their relationships (Jennings, Breitkreuz & James, 2014). The application of social exchanges theory is influenced by the fact that some parties in the……..
The post Social Exchange theory in family business
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