Impact of Factors of Family Business on the Performance: A PLS-SEM Study
Institute of Management and Research, Information Technology, Vijay Nagar Indore, Madhya Pradesh-452010, India
- *Corresponding Author:
- Bharti Motwani
Institute of Management and Research
Information Technology, Vijay Nagar Indore
Madhya Pradesh 452010, India
E-mail: [email protected]
Received Date: May 08, 2015; Accepted Date: August 25, 2015; Published Date: September 05, 2015
Citation: Motwani B (2016) Impact of Factors of Family Business on the Performance: A PLS-SEM Study. J Entrepren Organiz Manag 5: 183.doi:10.4172/2169-026X.1000183
Copyright: © 2016 Motwani B. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Family Business is seen as significant source for economic growth and development in today’s world. Family businesses have the potential to outperform any other form of business organization through their inherent synergies between capital and management. Performance is an essential indicator of the organisational success and competitive advantage of firms. If firms are able to identify the factors that determine improved performance, they could take advantage of their specific features. The purpose of this research is to give insight in the determinants of family business that contribute in meeting/exceeding performance objectives of the firm. Structural Equation Modelling is used for the analysis.