- Title
- A framework for transmitting and entrenching values in indigenous black South African family businesses
- Creator
- Kupangwa, Welcome
- Subject
- Family-owned business enterprises -- South Africa
- Date Issued
- 2021-12
- Date
- 2021-12
- Type
- Doctoral theses
- Type
- text
- Identifier
- http://hdl.handle.net/10948/53991
- Identifier
- vital:46171
- Description
- Family businesses are the predominant form of business globally and their importance to the economies of countries and job creation are often highlighted. In comparison to non-family businesses, family businesses are often described as having several unique characteristics such as a long-term orientation, being more emotions-laden, and having multiple family generations work in the business. Family businesses are also more deeply rooted in their cultures and values than non-family businesses are, and it is these values that contribute to their uniqueness and longevity. The dominant cultures and values found in family businesses are often associated with those of the founders and their families, and most founders want successive generations to run their family businesses according to established traditions and core values. Despite their importance in both developed and developing economies, family businesses face significant challenges to survive and prosper across generations. One such challenge involves the transmission of values from business founders and/or current leaders to the next generation of family members. If these values are not transmitted to and shared by the next generation, and not entrenched into the functions and processes of their family business, the functioning of the family and the family business are at risk. Existing research on values in family businesses reveals limited knowledge of values transmission to the next generation of family members. In addition, questions remain unanswered as to how values are institutionalised and entrenched into family businesses, and how these values contribute to their longevity and success. Given the need to understand the role of values in the transgenerational success of family businesses, many research calls have been made to investigate the nature of values, values transmission and values entrenchment among family businesses, including those in developing countries. In response to these calls the primary objective of this study was to provide a framework for explaining how values are transmitted among indigenous Black South African business owning families and how these values are entrenched into their family businesses. Investigating values in the context of indigenous Black South African business owning families highlights the influence of indigenous culture on the transmission and entrenchment processes. This study is positioned in the interpretivism and the postmodernism research paradigm. Both deductive and inductive reasoning to theory development and qualitative methodological approach were adopted to create new and richer understandings and interpretations of the phenomena under investigation. Utilising a multiple and descriptive case study methodology, data was collected from seven indigenous Black South African family businesses through semi-structured interviews. To corroborate the interview findings, observations, document analysis and field notes were also used for data collection, which was then analysed utilising reflexive thematic analysis.
- Description
- Thesis (PhD) -- Faculty of Business and Economic Sciences, 2021
- Format
- computer
- Format
- online resource
- Format
- Format
- 1 online resource (xxx, 705 pages)
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economic Sciences
- Language
- English
- Rights
- rights holder
- Rights
- All Rights Reserved
- Rights
- Open Access
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