Family Business Research Proposal Example | Topics and Well Written Essays - 250 words

Family Business - Research Proposal ExampleBut it is very normal for governance issues to arise in a family business either now and then because a family business, like all other non-family businesses, involve more or less the same issues like personalities, passions, power, deadlines, resources, supervisors and subordinates. Conflicts can be avoided and dogged if arise because of good governance strategies that govern not only the business but also the family that runs that business. Many large and medium sized family businesses are track in the Middle East today that contribute a great percentage of GDP to the region. But most businesses survive only until the third extension and very few pass on to the fourth generation because of generational conflicts and difference of opinions and perspectives between the elders and the youngsters of the coming generations. Hypothesis Governance issues bring bad study to the organization and are the main cause of splitting up or failure of a business that was running smoothly and earning large profits onward the dispute.