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First-Time Leaders and the Role of Organizational Culture in Family Businesses

First-Time Leaders and the Role of Organizational Culture in Family Businesses
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Author(s): Miodraga Stefanovska - Petkovska (School of Business Economics and Management, University American College Skopje, Macedonia), Marjan I. Bojadjiev (School of Business Economics and Management, University American College Skopje, Macedonia)and Ivona Mileva (School of Business Economics and Management, University American College Skopje, Macedonia)
Copyright: 2021
Pages: 26
Source title: Handbook of Research on Innate Leadership Characteristics and Examinations of Successful First-Time Leaders
Source Author(s)/Editor(s): Matthew Waritay Guah (South Carolina State University, USA)
DOI: 10.4018/978-1-7998-7592-5.ch016

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Abstract

The recent decades have witnessed a rapid evolution in the study of family businesses; however, despite their unprecedented importance, the information on family businesses remains fragmented and hard to compare. The uniqueness of family business lies in its structure – it is made up of two connected and interdependent components: family and business. Hence, it is logical to assume that every family business will reflect the family that is behind it. Yet, the characterization of these family values have been the missing component in our understanding of family business. The main aims of the research were (1) to provide understanding of the demographic and leadership characteristics of first time leaders, (2) provide a link between the first time leadership characters and organizational culture (as perceived by the employees), and (3) consequently, their alignment. The research was implemented on nine first time leaders and 837 employees from nine that operate in four industries. The chapter conjectures about the potential role of gender and age in leadership style across industries.

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