TITLE

Uncertainty and the Family Corporation

AUTHOR(S)
Dailey, Robert C.; Reushling, Thomas E.; De Mong, Richard F.
PUB. DATE
December 1976
SOURCE
Journal of General Management;Winter76, Vol. 4 Issue 2, p60
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This research article examines several external factors which have a great effect on the management and profitability of U.S. family enterprises. Family members operating a business must be far-sighted enough to realize that environmental complexity creates the necessity for separating personal incomes from corporate needs. The family business should actively pursue strategies which will preserve the intangible assets so characteristic of this form of ownership. Reliance on traditional or defensive approaches to changes in the market must be critically evaluated.
ACCESSION #
11478824

 

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