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Family Council From A Cultural Approach: the case of eastern european countries

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Family Council From A Cultural Approach: the case of eastern european countries

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dc.contributor.author Rodríguez García, María
dc.contributor.author Ulrich, Klaus
dc.contributor.author Gallego Nicholls, José Fernando
dc.contributor.author Pagán Castaño, Esther
dc.date.accessioned 2023-05-10T13:50:11Z
dc.date.available 2023-05-10T13:50:11Z
dc.date.issued 2021
dc.identifier.citation Rodríguez García, María Ulrich, Klaus Gallego Nicholls, José Fernando Pagán Castaño, Esther 2021 Family Council From A Cultural Approach: the case of eastern european countries Kne Social Sciences 2021 116 125
dc.identifier.uri https://hdl.handle.net/10550/86542
dc.description.abstract The family council is a formal mechanism of the family governance in family businesses that aims to give a voice to all members of the family, and to unify the interests of all members. These interests are identified with the purpose of the family, necessary to achieve a long-term legacy, and the sustainability of the company. However, the establishment of the family council is a topic that is still at an incipient stage, both in the literature and for practitioners, so our contribution advances the understanding of family governance within the sphere of family businesses culture and context. For that purpose, we rely on two cultural indexes widely accepted in the literature. We have taken Hofstede's dimensions and CAGE Distance Framework to explain the establishment of a family council in family businesses settled on the Eastern European countries. The prevailing culture in these countries defines the values and behaviors of their social organizations, namely, the family. The joint study of Hofstede's dimensions and of the cultural, administrative, and economic differences in the Eastern European countries (CAGE framework) sheds light on how, when and why to establish a family council. This research opens a new field in the intersectional study of culture as an element of sociology and family business in the field of family governance. In advancing this line of research, multilevel analysis through case studies would confirm the coincidence of national values, with individual characteristics.
dc.language.iso eng
dc.relation.ispartof Kne Social Sciences, 2021, vol. 2021, p. 116-125
dc.title Family Council From A Cultural Approach: the case of eastern european countries
dc.type journal article
dc.date.updated 2023-05-10T13:50:11Z
dc.identifier.doi 10.18502/kss.v5i9.9889
dc.identifier.idgrec 158517
dc.rights.accessRights open access

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