Proceedings of the International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017

Management of Family Business Organizations as Tool of Sustainable Economic Development

Authors
Mariia I. Plutova, Inna A. Kulkova
Corresponding Author
Mariia I. Plutova
Available Online June 2017.
DOI
https://doi.org/10.2991/ttiess-17.2017.88How to use a DOI?
Keywords
family business, small and medium business, sustainable development, labor market, organization
Abstract
The article reveals the role of the family business in the sustainable development of the economy by stimulating employment during periods of crisis and economic instability. The advantages of family business over corporate are determined. The problems inherent in the domestic family business are disclosed, and foreign experience of their solution is described. The main part of the article describes the analysis of statistical indicators that characterize the effectiveness of small business organization in those industries where the family business is focused. Chelyabinsk region was chosen as an object of research because it is an industrially developed region with a predominance of large enterprises and not yet a complicated tradition of organizing a family business. Based on the study, the authors formulated recommendations for eliminating the internal problems of the family business. The purpose of the article is to prove that the settlement of problems, related to the family business, must be approached in a comprehensive way. On the part of the state, programs for the financial support of family enterprises are needed; and on the part of society and the media, it is necessary to popularize the organization of the family business, to provide psychological support.
Open Access
This is an open access article distributed under the CC BY-NC license.

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TY  - CONF
AU  - Mariia I. Plutova
AU  - Inna A. Kulkova
PY  - 2017/06
DA  - 2017/06
TI  - Management of Family Business Organizations as Tool of Sustainable Economic Development
BT  - International Conference on Trends of Technologies and Innovations in Economic and Social Studies 2017
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/ttiess-17.2017.88
DO  - https://doi.org/10.2991/ttiess-17.2017.88
ID  - Plutova2017/06
ER  -