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Family Business to Improve Management Paradigm – Selected Cross-cultural Remarks

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  • Gorzeń-Mitka Iwona

    (Czestochowa University of Technology, Faculty of Management)

Abstract

Complexity and changeability of modern economic processes (especially in cross-cultural context) require enterprises to continuously improve their management processes. Family enterprises, which play an important role in economic growth of economies all over the world, constitute a group that is in especially susceptible to dynamism of changeability of the economic environment, because they mostly belong to the group of micro-, small and medium-sized enterprises. Improvement, which is becoming a key challenge for today’s enterprises and constitutes a paradigm of modern management of an enterprise (also in cross-cultural management view), is especially visible in an analysis of this group of entities. The aim of this paper is to confirm the thesis the characteristics distinguishing family firms from the others are determinants of improvement, which is a modern paradigm of management (also in cross-cultural context).

Suggested Citation

  • Gorzeń-Mitka Iwona, 2015. "Family Business to Improve Management Paradigm – Selected Cross-cultural Remarks," Journal of Intercultural Management, Sciendo, vol. 7(1), pages 97-109, January.
    • Handle: RePEc:vrs:joinma:v:7:y:2015:i:1:p:97-109:n:6
    DOI: 10.1515/joim-2015-0006
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    References listed on IDEAS

    as
    1. Nicholas Bloom & John Van Reenen, 2007. "Measuring and Explaining Management Practices Across Firms and Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(4), pages 1351-1408.
    2. Brenes, Esteban R. & Madrigal, Kryssia & Molina-Navarro, German E., 2006. "Family business structure and succession: Critical topics in Latin American experience," Journal of Business Research, Elsevier, vol. 59(3), pages 372-374, March.
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