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Analysis of Family Engagement in the Evaluation of Organisational Effectiveness in Family Businesses

Author

Listed:
  • Katarzyna Hys
  • Katarzyna Szczepanska-Woszczyna
  • Pawel Czart

Abstract

Purpose: This elaboration features an attempt of describing the research sample’s uniformity and estimating the average engagement of family members in the family business’ functioning (hereinafter referred to as family engagement). The study’s context was based on a set of organisational effectiveness factors (identified independent variables) and an evaluation of their significance. In this paper, the effectiveness is deemed as the engagement of family members in the functioning of family businesses. Methodology: The paper presents the results of surveys conducted among 200 Polish family businesses with registered seats in two voivodeships. Organisational effectiveness was measured in terms of 8 key analysis fields identified. Findings: The paper presents the results of own research on organisational effectiveness in family businesses. It especially confirmed the alternative hypothesis that the dependent variable, i.e. family engagement, in terms of evaluating 8 independent variables using statistical tests, does not have a normal distribution. Practical Implications: The obtained results provide the basis for selection and future use of advanced statistical tests enabling the verification of a substantial dependency between the dependent variable (e.g. family engagement) and the independent variables identified within organisational effectiveness fields. Originality/Value: The conducted study supplements the knowledge on strategic management by specifying a set of family member engagement factors in family businesses. When analysing the widespread phenomenon of organisational effectiveness in family businesses, the authors analysed family engagement in terms of the effectiveness’ studied variables.

Suggested Citation

  • Katarzyna Hys & Katarzyna Szczepanska-Woszczyna & Pawel Czart, 2020. "Analysis of Family Engagement in the Evaluation of Organisational Effectiveness in Family Businesses," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 962-972.
    • Handle: RePEc:ers:journl:v:xxiii:y:2020:i:special2:p:962-972
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    References listed on IDEAS

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    More about this item

    Keywords

    Family business; organisational effectiveness; engagement of family members.;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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