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Paper Details

THE ROLE OF THE FAMILY CONSTITUTION IN SUSTAINABILITY OF FAMILY BUSINESSES AND AN EVALUATION IN LIGHT OF IMPLEMENTATION PROBLEMS

Cemal Yukselen, Ebru Yildiz

Journal Title:Reserach Journal of Business and Management (RJBM)
Abstract


The family constitution is a tool used to maintain the sustainability of family businesses. It contributes to the management of the business on a corporate principles basis while preserving the family unity. The current study examines problems observed during the process of adoption of a family constitution in four different organizations which operate in different sectors, evaluates the solutions to these problems and offers suggestions related to the implementation process.

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