Keeping It in The Family: Financial Rewards in Family Firms

Financial rewards in entrepreneurial families show specific characteristics: they are uncertain with regard to volume and timing; they are negotiable between the firm and the family; they are invisible because they include both cash and goods/services that can be consumed; and they are indivisible because family and business budgets are closely interlinked even if commonly seen as separate entities. The aim of the article is to explore financial rewards in family entrepreneurship, and the influence of factors, specific to family entrepreneurship.

Carter, S.; Welter, F. (2016): Keeping It in The Family: Financial Rewards in Family Firms, in: Randerson, K.; Bettinelli, C.; Dossena, G.; Fayolle, A. (Hrsg.): Family entrepreneurship: rethinking the research agenda, London, S. 131-147.

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