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The Features of Family Business in the Country with Transitional Economy: Russian Case

In: Financial Environment and Business Development

Author

Listed:
  • Korchagina Elena

    (National Research University Higher School of Economics)

  • Shilo Pavel

    (National Research University Higher School of Economics)

Abstract

The modern economy has only few decades of history in Russia. The family business being a basic economical foundation in countries with developed economies is a relatively new phenomenon in Russia. The main objective of the research is to describe the specifics of family business in the country with no succession tradition. For the research, questionnaires and in-depth interviews were used. We have collected questionnaires from family business members and from experts, who provide consulting service for them. Results of the research are qualification of family business definition in the present Russian circumstances and discovering uncommon process of simultaneous evolution of family culture together with organizational culture of the firm.

Suggested Citation

  • Korchagina Elena & Shilo Pavel, 2017. "The Features of Family Business in the Country with Transitional Economy: Russian Case," Eurasian Studies in Business and Economics, in: Mehmet Huseyin Bilgin & Hakan Danis & Ender Demir & Ugur Can (ed.), Financial Environment and Business Development, pages 315-323, Springer.
    • Handle: RePEc:spr:eurchp:978-3-319-39919-5_24
    DOI: 10.1007/978-3-319-39919-5_24
    as

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