Uncertainty and the Family Corporation

Dailey, Robert C.; Reushling, Thomas E.; De Mong, Richard F.
December 1976
Journal of General Management;Winter76, Vol. 4 Issue 2, p60
Academic Journal
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.


Related Articles

  • Always On The Move. Grillo, Jerry // Georgia Trend;May2003, Vol. 18 Issue 9, p65 

    The article focuses on business initiated by Adams family, that won family business award. A solid foundation and an eye for expansion possibilities has helped the Adams family stay in business for 100 years. They've sold the Athens office and now operate out of Atlanta and Gainesville. It's...

  • Family Business. Hodes, Bruce // Sales & Service Excellence Essentials;Mar2013, Vol. 13 Issue 3, p11 

    The author offers suggestions for best execution of a family business with potential benefits. He suggests that talent, passion or success ability of each member in business increase sales and productivity in the business. He emphasizes on the honest evaluation of job of the people in family...

  • Family business restored. Taylor, Mike // ColoradoBiz;Feb2005, Vol. 32 Issue 2, p38 

    Reports on the business performance of the family-owned firm Horan and McConaty Funeral Service/Cremation in Denver, Colorado. Number of employees; Analysis on the revenue growth of the company; Increase on the level of competitive advantage.

  • Frohwein looks at family succession, plans expansion. Wood, Gigi // Corridor Business Journal;11/30/2009, Vol. 6 Issue 19, p10 

    The article reports on the expansion plans of the family-owned business Frohwein Office Plus in Coralville, Iowa as their fourth generation family member Max Parsons joined in the ownership. It notes that Max will take hold of the accounting duties of the company given that he is a graduate of...

  • Flotation 'not on radar' for Lakeland chain.  // Housewares;May/Jun2007, Issue 206, p8 

    The article reports on the 2006 marketing performance of Lakeland, a family firm in Cumbria, England. The company has gained £122.7 million in income and an operating profit of £6.8 million. Bob Granger, finance and retail director, claims that the company will be adding four outlets a...

  • Family-Owner Business Award Winners 2003.  // San Diego Business Journal;11/10/2003, Vol. 24 Issue 45, pB2 

    Presents the recipients of the family-owned business award in San Diego, California. Contribution of the business enterprises to the community; Escalation of corporate profit; Customer services.

  • Historic independent back to annual profit growth.  // Cabinet Maker;8/12/2011, Issue 5750, p4 

    The article presents information on the first annual profit growth recorded by family-run business, Wardens Bros of Newtownards, for the period ending January 31, 2011.

  • Non-Family Manager Has Special Challenges. O'Bee, Gerald J. // Grand Rapids Business Journal;05/08/2000, Vol. 18 Issue 19, p33 

    Presents advice to managers or would-be managers of family-owned businesses who themselves are not family members. Special challenges; Feelings about the family; Readiness to support someone else's dream and not get proper credit; Giving up notion of someday running the business; Areas for...

  • How to deal with pay issues. Crane, Margaret // Crain's Chicago Business;10/23/2000, Vol. 23 Issue 44, pFB4 

    Focuses on the compensation issues facing family-owned businesses. Challenges facing owners of family businesses in dealing with the issue of compensation; Basis of compensation; Determination of market rate salaries; Prevention of overcompensation.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics