Family-owned businesses : perspectives on Australian policy

Glassop, Linda and Graves, Chris 2010, Family-owned businesses : perspectives on Australian policy, International journal of management practice, vol. 4, no. 3, pp. 293-305.

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Title Family-owned businesses : perspectives on Australian policy
Author(s) Glassop, Linda
Graves, Chris
Journal name International journal of management practice
Volume number 4
Issue number 3
Start page 293
End page 305
Total pages 13
Publisher Inderscience Publishers
Place of publication Olney, England
Publication date 2010
ISSN 1477-9064
Keyword(s) Government policies
intergenerational business transfers
work-life balance
political awareness
management practice
business support
social welfare
European Commission
European Union
financial obligations
Summary In 2008, a report was commissioned by the European Commission (EC) outlining various policy matters in the field of family business within the auspices of the European Union (EU). Family-owned businesses make a significant contribution to Australia's economic and social welfare. The EC report offers a template for examining family business issues relevant to Australia in seven key areas: political awareness, intergenerational business transfer, financial obligations, balancing business and family, lack of specific education, access to finance for growth and maintaining a skilled workforce. We find that Australian family business policy does not differ markedly to that of Europe. Several policy recommendations are outlined to enhance the recognition of, and provide support to, Australian family-owned businesses.
Language eng
Field of Research 150310 Organisation and Management Theory
Socio Economic Objective 910499 Management and Productivity not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2010
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Document type: Journal Article
Collections: Faculty of Business and Law
School of Management and Marketing
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