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Impact of Factors of Family Business on the Performance: A PLS-SEM Study

Abstract

Bharti Motwani

Family Business is seen as significant source for economic growth and development in today’s world. Family businesses have the potential to outperform any other form of business organization through their inherent synergies between capital and management. Performance is an essential indicator of the organisational success and competitive advantage of firms. If firms are able to identify the factors that determine improved performance, they could take advantage of their specific features. The purpose of this research is to give insight in the determinants of family business that contribute in meeting/exceeding performance objectives of the firm. Structural Equation Modelling is used for the analysis.

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