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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

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

Cemal Yukselen¹, Ebru Yildiz²

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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