IDEAS home Printed from https://ideas.repec.org/a/neo/journl/v10y2014i2p97-105.html
   My bibliography  Save this article

Definition, Characteristics And Problems Of Family Business

Author

Listed:
  • RAYA MADGEROVA
  • VYARA KYUROVA

    (SOUTH-WEST UNIVERSITY “NEOFIT RILSKI”, BLAGOEVGRAD)

Abstract

The article examines the role of family business for economic development. The views of various authors on the definition of family business are presented. Special attention is paid to the relationship between family, business and property. The main problems of family business, mostly as associated with the ownership, management and continuity are placed. the need to effectively solve one of the most complex problems of the family business – the intermingling of business and family interests, the need to integrate the interests of businesses and families and to achieve a balance in the relationship between them regarding the implementation of the economic role of the firm and social role of the family are emphasized. Ensuring continuity of the business and its transfer is regarded as one of the most important problems in the business with a significant impact on growth and job retention.

Suggested Citation

  • Raya Madgerova & Vyara Kyurova, 2014. "Definition, Characteristics And Problems Of Family Business," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 10(2), pages 97-105.
    • Handle: RePEc:neo:journl:v:10:y:2014:i:2:p:97-105
    as

    Download full text from publisher

    File URL: http://em.swu.bg/images/SpisanieIkonomikaupload/SpisanieIkonomika2014/DEFINITION%20CHARACTERISTICS%20AND%20PROBLEMS%20OF%20FAMILY%20BUSINESS.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anny Atanasova & Blagovesta Koyundzhiyska-Davidkova, 2016. "Analysis and Evaluation of the Economic State of the Family Business in Bulgaria," International Conference on Marketing and Business Development Journal, The Bucharest University of Economic Studies, vol. 2(1), pages 91-99, July.
    2. Yulia Nedelcheva, 2019. "Competition And Competitiveness In Pharmaceutical Industry," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 16(2), pages 66-77.
    3. Milena Filipova & Yulia Nedelcheva, 2022. "Competitiveness Factors Of Pharmaceutical Manufacturer," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 10(1), pages 78-92.
    4. Milena Filipova & Yulia Nedelcheva, 2022. "Value-Added Chain Of A New Pharmaceutical Product," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 19(1), pages 65-78.
    5. Miroslav Nedelchev, 2020. "Origin And Definition Of Regtech," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 17(1), pages 1-9.
    6. Milena Filipova & Yulia Nedelcheva, 2022. "Assessment Of Pharmaceutical Manufacturers’ Competitiveness," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 10(1), pages 59-67.
    7. Miroslav Nedelchev, 2018. "Diversity On Corporate Boards: Parent Banks Vs. Subsidiary Banks," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 14(2), pages 2-10.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:neo:journl:v:10:y:2014:i:2:p:97-105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Vladislav Krastev (email available below). General contact details of provider: https://edirc.repec.org/data/feswubg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.