International Journal of Management and Applied Science (IJMAS)
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Volume-4,Issue-8  ( Aug, 2018 )
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Statistics report
Nov. 2018
Submitted Papers : 80
Accepted Papers : 10
Rejected Papers : 70
Acc. Perc : 12%
Issue Published : 54
Paper Published : 3316
No. of Authors : 6857
  Journal Paper




Paper Title :
The Cultural Foundations of Successful Family Business Management: Critical Review

Author :Vikramsing Gunga, Vishal Chandr Jaunky, Vani Ramesh

Article Citation :Vikramsing Gunga ,Vishal Chandr Jaunky ,Vani Ramesh , (2017 ) " The Cultural Foundations of Successful Family Business Management: Critical Review " , International Journal of Management and Applied Science (IJMAS) , pp. 135-142, Volume-3,Issue-5

Abstract : This study intends to examines what makes Successful Family Business unique with a frame work Hofstede's cultural dimension`s theory. Hofstede developed his original model, the original theory proposed four dimensions along which cultural values could be analyzed: individualism-collectivism; uncertainty avoidance; power distance (strength of social hierarchy) and masculinity-femininity (task orientation versus person-orientation). Independent research in Hong Kong led Hofstede to add a fifth dimension, long-term orientation, to cover aspects of values not discussed in the original paradigm. In 2010, Hofstede added a sixth dimension, indulgence versus self-restraint. The theory has been widely used in several fields as a paradigm for research, particularly in cross-cultural psychology, and this paper is a critical analysis of influence of cultural dimension on the success of family business as a contribution for the existing literature. Key Words- Family Business, Cultural Foundations, Review, Success.

Type : Research paper

Indexed : Google Scholar


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