Managing Excessive Entitlement in Support of Family Business Longevity

Family members feel entitled to family wealth because of various reasons. Some claim that they deserve part of the wealth since they are members of the family. Others assert that they earned rights to the wealth through hard work, while still others argue that they deserve part of the family wealth...

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Main Author: Santiago, Maria Andrea L.
Format: text
Published: Animo Repository 2015
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Online Access:https://animorepository.dlsu.edu.ph/res_aki/162
https://animorepository.dlsu.edu.ph/context/res_aki/article/1144/viewcontent/MANAGING_EXCESSIVE_ENTITLEMENT_IN_SUPPORT_OF_FAMILY_BUSINESS_LONGEVITY.pdf
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Institution: De La Salle University
id oai:animorepository.dlsu.edu.ph:res_aki-1144
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spelling oai:animorepository.dlsu.edu.ph:res_aki-11442023-07-10T05:44:01Z Managing Excessive Entitlement in Support of Family Business Longevity Santiago, Maria Andrea L. Family members feel entitled to family wealth because of various reasons. Some claim that they deserve part of the wealth since they are members of the family. Others assert that they earned rights to the wealth through hard work, while still others argue that they deserve part of the family wealth because they are special. When family members do not get what they think they deserve based on their perceptions of entitlement, they declare that it is unfair. This becomes problematic when family members manifest their sense of entitlement in a dysfunctional manner. In a family business, this may result in business demise. 2015-01-01T08:00:00Z text application/pdf https://animorepository.dlsu.edu.ph/res_aki/162 https://animorepository.dlsu.edu.ph/context/res_aki/article/1144/viewcontent/MANAGING_EXCESSIVE_ENTITLEMENT_IN_SUPPORT_OF_FAMILY_BUSINESS_LONGEVITY.pdf Angelo King Institute for Economic and Business Studies Animo Repository Family Business Business Economy Entitlement Wealth Entrepreneurial and Small Business Operations Family, Life Course, and Society
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
topic Family Business
Business
Economy
Entitlement
Wealth
Entrepreneurial and Small Business Operations
Family, Life Course, and Society
spellingShingle Family Business
Business
Economy
Entitlement
Wealth
Entrepreneurial and Small Business Operations
Family, Life Course, and Society
Santiago, Maria Andrea L.
Managing Excessive Entitlement in Support of Family Business Longevity
description Family members feel entitled to family wealth because of various reasons. Some claim that they deserve part of the wealth since they are members of the family. Others assert that they earned rights to the wealth through hard work, while still others argue that they deserve part of the family wealth because they are special. When family members do not get what they think they deserve based on their perceptions of entitlement, they declare that it is unfair. This becomes problematic when family members manifest their sense of entitlement in a dysfunctional manner. In a family business, this may result in business demise.
format text
author Santiago, Maria Andrea L.
author_facet Santiago, Maria Andrea L.
author_sort Santiago, Maria Andrea L.
title Managing Excessive Entitlement in Support of Family Business Longevity
title_short Managing Excessive Entitlement in Support of Family Business Longevity
title_full Managing Excessive Entitlement in Support of Family Business Longevity
title_fullStr Managing Excessive Entitlement in Support of Family Business Longevity
title_full_unstemmed Managing Excessive Entitlement in Support of Family Business Longevity
title_sort managing excessive entitlement in support of family business longevity
publisher Animo Repository
publishDate 2015
url https://animorepository.dlsu.edu.ph/res_aki/162
https://animorepository.dlsu.edu.ph/context/res_aki/article/1144/viewcontent/MANAGING_EXCESSIVE_ENTITLEMENT_IN_SUPPORT_OF_FAMILY_BUSINESS_LONGEVITY.pdf
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