State of Family togetherness in Indian Family Businesses
By Kavil Ramachandran, Navneet Bhatnagar
ISB insight | April 2015
Citation
Ramachandran, Kavil., Bhatnagar, Navneet. State of Family togetherness in Indian Family Businesses ISB insight .
Copyright
ISB insight, 2015
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Abstract
The paper explores the concept of 'Family Togetherness' in the family business context. It examines the depth of family ties by probing the issues on which family members stand together and on those where they stand apart? Based on a survey conducted among 105 family business members belonging to different generations of same family businesses, the paper finds that family togetherness operates at three levels with varying degrees of cohesiveness. Significant differences across several aspects of family togetherness were also found between the members belonging to different generations.