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Type: Journal article
Title: Family-owned businesses: Perspectives on Australian policy
Author: Glassop, L.
Graves, C.
Citation: International Journal of Management Practice, 2010; 4(3):293-305
Publisher: Inderscience Publishers
Issue Date: 2010
ISSN: 1477-9064
Statement of
Linda Glassop, Chris Graves
Abstract: In 2008, a report was commissioned by the European Commission (EC) outlining various policy matters in the field of family business within the auspices of the European Union (EU). Family-owned businesses make a significant contribution to Australia's economic and social welfare. The EC report offers a template for examining family business issues relevant to Australia in seven key areas: political awareness, intergenerational business transfer, financial obligations, balancing business and family, lack of specific education, access to finance for growth and maintaining a skilled workforce. We find that Australian family business policy does not differ markedly to that of Europe. Several policy recommendations are outlined to enhance the recognition of, and provide support to, Australian family-owned businesses.
Keywords: government policies; taxation; governance; business education; Australia; European Commission; EC; European Union; EU; economy; social welfare; political awareness; intergenerational business transfers; financial obligations; work-life balance; business finance; growth; skilled workforces; Europe; business support; Irene Mandl; management practice; family businesses.
Rights: Copyright status unknown
RMID: 0020102863
DOI: 10.1504/IJMP.2010.036831
Appears in Collections:Business School publications

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