Passion for family business in Singapore

The project is an exploratory study of family business management in Singapore and the key objectives are to understand the unique characteristics, problems and issues with respect to family business. The study includes both methods using survey and interviews of respondents concerning aspects o...

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Main Authors: Tan, Lay Hong, Ng, Tina Lee Kiang, Tan, Trina Chay Boon
Other Authors: Peter Low
Format: Final Year Project (FYP)
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/63046
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author Tan, Lay Hong
Ng, Tina Lee Kiang
Tan, Trina Chay Boon
author2 Peter Low
author_facet Peter Low
Tan, Lay Hong
Ng, Tina Lee Kiang
Tan, Trina Chay Boon
author_sort Tan, Lay Hong
collection NTU
description The project is an exploratory study of family business management in Singapore and the key objectives are to understand the unique characteristics, problems and issues with respect to family business. The study includes both methods using survey and interviews of respondents concerning aspects of succession planning, role-modeling, communication, sibling rivalry, style of management and the role of women in family business. The results obtained have provided an understanding of the attributes and their impact on the operations of family businesses in Singapore. As shown in the analysis, the management of family business is complicated by the issue of family relationship to the extent that decisions on employment, functions, role.s and succession, may be plagued with irrationality, biases which are strongly influenced by traditional values and the culture of family members. The implications of the findings and suggestions for management improvements are also discussed in the report.
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spelling ntu-10356/630462023-05-19T06:09:00Z Passion for family business in Singapore Tan, Lay Hong Ng, Tina Lee Kiang Tan, Trina Chay Boon Peter Low Nanyang Business School DRNTU::Business::Operations management::Family owned business enterprises The project is an exploratory study of family business management in Singapore and the key objectives are to understand the unique characteristics, problems and issues with respect to family business. The study includes both methods using survey and interviews of respondents concerning aspects of succession planning, role-modeling, communication, sibling rivalry, style of management and the role of women in family business. The results obtained have provided an understanding of the attributes and their impact on the operations of family businesses in Singapore. As shown in the analysis, the management of family business is complicated by the issue of family relationship to the extent that decisions on employment, functions, role.s and succession, may be plagued with irrationality, biases which are strongly influenced by traditional values and the culture of family members. The implications of the findings and suggestions for management improvements are also discussed in the report. BUSINESS 2015-05-05T07:17:39Z 2015-05-05T07:17:39Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/63046 en Nanyang Technological University 86 p. application/pdf
spellingShingle DRNTU::Business::Operations management::Family owned business enterprises
Tan, Lay Hong
Ng, Tina Lee Kiang
Tan, Trina Chay Boon
Passion for family business in Singapore
title Passion for family business in Singapore
title_full Passion for family business in Singapore
title_fullStr Passion for family business in Singapore
title_full_unstemmed Passion for family business in Singapore
title_short Passion for family business in Singapore
title_sort passion for family business in singapore
topic DRNTU::Business::Operations management::Family owned business enterprises
url http://hdl.handle.net/10356/63046
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AT ngtinaleekiang passionforfamilybusinessinsingapore
AT tantrinachayboon passionforfamilybusinessinsingapore