Organizational Model of the Southern Asia Cluster Family Businesses
| Main Authors: | Vipin Gupta; Simmons College, Boston, Nancy M. Levenburg; Grand Valley State University, Grand Rapids, Michigan, Lynda L Moore; Simmons College, Boston, Jaideep Motwani; Grand Valley State University, Grand Rapids, Michigan, Thomas V. Schwarz; Grand Valley State University, Grand Rapids, Michigan |
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| Format: | Article application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Department of Management, Faculty of Economics and Business, Universitas Indonesia
, 2013
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| Subjects: | |
| Online Access: |
http://journal.ui.ac.id/index.php/tseajm/article/view/1787 |
Daftar Isi:
- Recently, there has been an increased interest in the family business organization. Traditionally, the ideal typical organizational model was one where the management, governance, and ownership entities are kept separate. This principal agent model has been a subject of public debate in the wake of several corporate scandals. In the family business organization, significant management, governance and ownership is often with the members of a family & its trusted partners. It is common in the US to regulate the management, governance, and ownership roles of the family members by using competitive criteria for the involvement of different members. In Southern Asia cluster (Gupta & Hanges, 2004), on the other hand, it is quite common for the family involvement to be holistic and undivided, where the family collectively owns the shares in the family business. In this work, this organizational model of the Southern Asian family businesses is investigated. Keywords: Southern Asia, family business, organizational model