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Stages and Life Cycles of Family Business


Dmitriy Volkov
(about the author)

Volkov Dmitriy Anatolyevich –

Published in:
Russian Journal of Entrepreneurship
– № 3-2 / March, 2011



Keywords: corporation, decision-making, family business, life cycle, life cycle model, life cycle stages, succession of generations


Citation:
Dmitriy Volkov (2011). Stages and Life Cycles of Family Business. Russian Journal of Entrepreneurship, 12(3), 11-16. — url: http://bgscience.ru/com/lib/2919


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Abstract:

The article examines a life-cycle model of family business developed by the author. It studies the problems that arise at each stage of the life cycle. The author compares the development stages of family business with corporate life and emphasizes the unique features typical of family businesses.







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