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What is Characteristics and Trends in Indian Family Businesses about?
Family businesses make up a significant portion of businesses in India and globally. Characteristics of family businesses include the inseparability of the family and the firm, strong roots in local culture and community, and the importance of status. Current issues facing family businesses include the transition from an entrepreneurial to professionally managed structure, succession challenges as generations change, and separating ownership from management. Successful family businesses establish governance
- Author
- Rohit Agarwal
- Language
- EN