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The Importance of Household Management for the Business-Owning Family

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Abstract

The household managerial behavior of 673 business-owning families from the 1997 National Family Business Survey was examined using a scale adapted from Heck, Winter, and Stafford (1992). The scale was reliable and used to compare the managerial behavior of solo- and dual-role holders in the sample. Although t-tests revealed few significant differences between solo- and dual-role holders, factor analyses showed that the two groups differed noticeably in management style. The differences were not in the frequency of use of managerial activities but in which activities were viewed as related by the two groups.

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Duncan, K.A., Zuiker, V.S. & Heck, R.K.Z. The Importance of Household Management for the Business-Owning Family. Journal of Family and Economic Issues 21, 287–311 (2000). https://doi.org/10.1023/A:1009437518553

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