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The role of the family constitution in sustainability of family businesses and an evaluation in light of implementation problems

Year 2014, Volume: 1 Issue: 1, 14 - 28, 01.03.2014

Cemal Yukselen Ebru Yildiz

Abstract

The family constitution is a tool used to maintain the sustainability of family businesses. It contributes to the management of the business on a corporate principles basis while preserving the family unity. The current study examines problems observed during the process of adoption of a family constitution in four different organizations which operate in different sectors, evaluates the solutions to these problems and offers suggestions related to the implementation process.

References

  • Ates, M.R. (2009), Yarının Aile Şirketleri, Istanbul.
  • Bowman-Upton, N. (1991), Transferring Management in the Family-owned Business, U.S. Small Business Administration, Emerging Business Series, p.1-33.
  • Danes, S. M., Haberman, H. R. and McTavish, D. (2005), Gendered Discourse About Family Business, Family Relations, 54, p.116-130.
  • Duh, M. (2012), Family Businesses: The Extensiveness of Succession Problems and Possible Solutions, Entrepreneurship - Gender, Geographies and Social Context, Prof. Thierry Burger-Helmchen (Ed.), http://www.intechopen.com/books/entrepreneurship-gender-geographies-and-social-context/familybusinesses-the-extensiveness-of-succession-problems-and-possible-solutions , p.209-234, ( Access Date: 2013).
  • European Commission, Enterprise and Industry Directorate-General (2009), Final Report of the Expert Group, Overview of Family–Business–Relevant Issues: Research, Networks, Policy Measures and Existing Studies.
  • Favre, J. (2012), The family businesses: the essence of a family constitution, http://www.mlllegal.com/index.php?id=381 , ( Access Date : 2013).
  • Gumustekin, E. (2013), Aile İşletmeleri ve Aile İşletmelerinin Kurumsallaşmada Yaşadıkları Sıkıntılar”, http://optimum.usak.edu.tr/index.php/dergi/61-prof-dr-eren-guemuestekin-aile-isletmeleri-ve-aileisletmelerinin-kurumsallasmada-yasad-klar-s-k-nt-lar, ( Access Date: 2013).
  • KPMG Enterprise (2011), Constructing A Family Constitution.
  • McClain, L.C. (2006), Family Constitutions and the (New) Constitution of the Family, 75 Fordham Law Review, 833, p.833-881.
  • Neubauer, H. (2003), The Dynamics of Succession in Family Businesses in Western European Countries, Family Business Review, 16, 4, p.269-281.
  • Olson, P. D., Zuiker, V. S., Danes, S. M., Stafford, K., Heck, R. K. Z. and Duncan, K. A. (2003), The Impact of the Family and the Business on Family Business Sustainability, Journal of Venturing, 18, p.639-666.
  • Stewart, C.G., Ten Key Insights into the process of making your own Family Constitution, http://www.familylegacyasia.com/whitepaper_pdf/Ten%20key%20insights%20into%20making%20a%20Family% 20Constitution.pdf , ( Access Date : 2013).

Year 2014, Volume: 1 Issue: 1, 14 - 28, 01.03.2014

Cemal Yukselen Ebru Yildiz

Abstract

References

  • Ates, M.R. (2009), Yarının Aile Şirketleri, Istanbul.
  • Bowman-Upton, N. (1991), Transferring Management in the Family-owned Business, U.S. Small Business Administration, Emerging Business Series, p.1-33.
  • Danes, S. M., Haberman, H. R. and McTavish, D. (2005), Gendered Discourse About Family Business, Family Relations, 54, p.116-130.
  • Duh, M. (2012), Family Businesses: The Extensiveness of Succession Problems and Possible Solutions, Entrepreneurship - Gender, Geographies and Social Context, Prof. Thierry Burger-Helmchen (Ed.), http://www.intechopen.com/books/entrepreneurship-gender-geographies-and-social-context/familybusinesses-the-extensiveness-of-succession-problems-and-possible-solutions , p.209-234, ( Access Date: 2013).
  • European Commission, Enterprise and Industry Directorate-General (2009), Final Report of the Expert Group, Overview of Family–Business–Relevant Issues: Research, Networks, Policy Measures and Existing Studies.
  • Favre, J. (2012), The family businesses: the essence of a family constitution, http://www.mlllegal.com/index.php?id=381 , ( Access Date : 2013).
  • Gumustekin, E. (2013), Aile İşletmeleri ve Aile İşletmelerinin Kurumsallaşmada Yaşadıkları Sıkıntılar”, http://optimum.usak.edu.tr/index.php/dergi/61-prof-dr-eren-guemuestekin-aile-isletmeleri-ve-aileisletmelerinin-kurumsallasmada-yasad-klar-s-k-nt-lar, ( Access Date: 2013).
  • KPMG Enterprise (2011), Constructing A Family Constitution.
  • McClain, L.C. (2006), Family Constitutions and the (New) Constitution of the Family, 75 Fordham Law Review, 833, p.833-881.
  • Neubauer, H. (2003), The Dynamics of Succession in Family Businesses in Western European Countries, Family Business Review, 16, 4, p.269-281.
  • Olson, P. D., Zuiker, V. S., Danes, S. M., Stafford, K., Heck, R. K. Z. and Duncan, K. A. (2003), The Impact of the Family and the Business on Family Business Sustainability, Journal of Venturing, 18, p.639-666.
  • Stewart, C.G., Ten Key Insights into the process of making your own Family Constitution, http://www.familylegacyasia.com/whitepaper_pdf/Ten%20key%20insights%20into%20making%20a%20Family% 20Constitution.pdf , ( Access Date : 2013).
There are 12 citations in total.

Details

Journal Section Articles
Authors

Cemal Yukselen This is me

Ebru Yildiz This is me

Publication Date March 1, 2014
Published in Issue Year 2014 Volume: 1 Issue: 1

Cite

APA Yukselen, C., & Yildiz, E. (2014). The role of the family constitution in sustainability of family businesses and an evaluation in light of implementation problems. Research Journal of Business and Management, 1(1), 14-28.
AMA Yukselen C, Yildiz E. The role of the family constitution in sustainability of family businesses and an evaluation in light of implementation problems. RJBM. March 2014;1(1):14-28.
Chicago Yukselen, Cemal, and Ebru Yildiz. “The Role of the Family Constitution in Sustainability of Family Businesses and an Evaluation in Light of Implementation Problems”. Research Journal of Business and Management 1, no. 1 (March 2014): 14-28.
EndNote Yukselen C, Yildiz E (March 1, 2014) The role of the family constitution in sustainability of family businesses and an evaluation in light of implementation problems. Research Journal of Business and Management 1 1 14–28.
IEEE C. Yukselen and E. Yildiz, “The role of the family constitution in sustainability of family businesses and an evaluation in light of implementation problems”, RJBM, vol. 1, no. 1, pp. 14–28, 2014.
ISNAD Yukselen, Cemal - Yildiz, Ebru. “The Role of the Family Constitution in Sustainability of Family Businesses and an Evaluation in Light of Implementation Problems”. Research Journal of Business and Management 1/1 (March 2014), 14-28.
JAMA Yukselen C, Yildiz E. The role of the family constitution in sustainability of family businesses and an evaluation in light of implementation problems. RJBM. 2014;1:14–28.
MLA Yukselen, Cemal and Ebru Yildiz. “The Role of the Family Constitution in Sustainability of Family Businesses and an Evaluation in Light of Implementation Problems”. Research Journal of Business and Management, vol. 1, no. 1, 2014, pp. 14-28.
Vancouver Yukselen C, Yildiz E. The role of the family constitution in sustainability of family businesses and an evaluation in light of implementation problems. RJBM. 2014;1(1):14-28.

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