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Family-Owned Businesses: Determinants Of Business Success And Profitability, Jeffrey S. Wallace
Family-Owned Businesses: Determinants Of Business Success And Profitability, Jeffrey S. Wallace
All Graduate Theses and Dissertations, Spring 1920 to Summer 2023
The purpose of this study was to examine many factors associated with family-owned businesses that lead to business success and profitability. The panel data used in this study came from the 1997 and 2000 waves of the National Family Business Study (NFBS). Many independent variables from the 1997 wave (e.g., age, gender, managerial activities, business size, home-based, business problems) were tested to predict business success and profitability (dependent variables), which were variables from the 2000 wave.
Some of the descriptive analyses indicated that, compared to female managers, male managers perceived less business success, participated more in managerial activities, managed older …