Legal-Economic Ownership and Generational Transfer in Family Business: Facets of Owner's Responsibility

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dc.contributor.author Nemilentsev, Mikhail
dc.date.accessioned 2011-02-07T10:49:06Z
dc.date.available 2011-02-07T10:49:06Z
dc.date.issued 2010
dc.identifier.citation Nemilentsev, M. (2010). Legal-Economic Ownership and Generational Transfer in Family Business: Facets of Owner's Responsibility. Electronic Journal of Family Business Studies (EJFBS), Vol. 4 (2). Retrieved from https://www.jyu.fi/jsbe/en/entrepreneurship/ejfbs
dc.identifier.issn 1796-9360
dc.identifier.uri http://hdl.handle.net/123456789/26530
dc.description.abstract In the following paper a conceptual framework of the owner’s responsibility is created in order to study the transgenerational legal-economic ownership in the family business. Responsible ownership involves a sense of accountability and entrepreneurship to some extent. However, legal and social responsibilities naturally supplement each other in the family firm. Owners by means of personal relationships and financial guarantees are responsible for carrying out daily business operations and maintaining a balance with the stakeholders. The certain constituents of the estate planning are evaluated through the lens of responsibility. As a final step, the following study provides a synthesis matrix of the zones and fundamentals of the owner’s responsibility in the family firm during the generational succession. en
dc.language.iso eng
dc.publisher Jyväskylä University School of Business and Economics
dc.relation.ispartofseries Electronic Journal of Family Business Studies
dc.relation.uri https://www.jyu.fi/jsbe/en/entrepreneurship/ejfbs
dc.subject.other estate planning en
dc.subject.other family business en
dc.subject.other generational transfer en
dc.subject.other legal-economic ownership en
dc.subject.other owner's responsibility en
dc.title Legal-Economic Ownership and Generational Transfer in Family Business: Facets of Owner's Responsibility en
dc.identifier.urn URN:NBN:fi:jyu-201102071751

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