Factors impacting family company creation and governance characteristics


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Musayev Y.

Geostrategiya. Beynəlxalq ictimai-siyasi, elmi-nəzəri jurnal , vol.75, no.3, pp.167-171, 2023 (Peer-Reviewed Journal)

Qısa məlumat

Family businesses are considered one of the main drivers of the world economy, combining the three elements – family, business and ownership. Family businesses play an important role in providing employment and creating added value by making up a large part of collective entrepreneurial entities. Therefore, the purpose of the article is to identify the main factors affecting the creation and development of family businesses and to examine their management features. For this purpose, researches published in authoritative scientific sources were consulted and literature review, analysis, comparison and generalization methods were used during the research.