4.3 Article

Trust, commitment and relationships in family business: Challenging conventional wisdom

Journal

JOURNAL OF FAMILY BUSINESS STRATEGY
Volume 5, Issue 3, Pages 213-216

Publisher

ELSEVIER
DOI: 10.1016/j.jfbs.2014.08.003

Keywords

Trust; Commitment; Relationships; Family business

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Trust, commitment, and closely-knit relationships have been identified in the literature as critical to family business success and longevity. However, the distinct nature, dynamics, processes, antecedents and consequences of trust, commitment and relationships in family business remain underexplored. The articles in this special issue aim to close this apparent gap by providing a more in-depth and granular understanding of the complexities of trust, commitment and relationships in family business, often challenging established paradigms and common wisdom. This article summarizes the content featured in the special issue and presents several suggestions for future research. (C) 2014 Published by Elsevier Ltd.

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