We are family: A descriptive study on sibling interaction in family businesses

This study describes sibling interaction in family businesses that focuses on: 1) relationships in family businesses, 2) problems and coping behaviors employed, and 3) perceived effects of demographic variables: sex, birth order, ethnicity, and educational attainment. The researchers conducted an in...

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Bibliographic Details
Main Authors: Chong, Jaclyn, Cruz, Romina, Geron, Clarissa
Format: text
Language:English
Published: Animo Repository 2001
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/11646
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Institution: De La Salle University
Language: English
Description
Summary:This study describes sibling interaction in family businesses that focuses on: 1) relationships in family businesses, 2) problems and coping behaviors employed, and 3) perceived effects of demographic variables: sex, birth order, ethnicity, and educational attainment. The researchers conducted an in-depth interview with two siblings each from nine companies. The data gathered were analyzed and themes were observed using content analysis. The results show that the siblings' interaction has advantages like binding relationships with their siblings and disadvantages, greater responsibility and accountability. Family businesses are able to endure their problems by using coping strategies they are comfortable with like compromise. Lastly, demographic variables did not have perceived effect in appointing positions and making decisions in the family and business in most cases.