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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Family-owned businesses : perspectives on Australian policy
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
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