A Literature Review Study of Leadership Behaviour and Styles in Family Run Business
Keywords:
Family business, Leadership behaviours, Leadership styles, Innovation, SuccessionAbstract
Purpose: The topic of family run business has been a subject matter for many scientific studies. This topic is interested because of the fact that it has unique features as regard to dimensions related to its management, leadership and succession which are different from other types of firms. The family run businesses observe particular leadership behaviours and different leadership styles and it has become a topic of attention for researchers. We can say that this area of research is a complex one. Methodology: This research tries to study and review of the logical, theoretical and analytical knowledge and literature in the context of leadership behaviours and leadership styles present in family run business. Findings: Leadership patterns have distinct features in the leadership of family businesses as compare to other type of firms due to emotional attachment of members of family to the business. Emotional considerations of leaders impacts the business for longer times. Implication: Leadership styles and behaviours have manifold results like creation of knowledge, innovation, sibling team leadership and cultural environment. Originality: this research work is original work of reviewing the literature related with the leadership behaviours and leadership styles present in family run business.
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