GENERATIONAL STAGES IN FAMILY FIRMS: EXPANDING THE DATABASE - KOSOVO

ABSTRACT. Expanding the authors’ international database of family businesses, this investigation compared first, second and third-generation family businesses in a sample from Kosovo. Both supporting and challenging the existing literature, the findings indicate that, as family businesses move from first to second to third generation, almost all managerial characteristics, activities and practices remain the same. Implications are presented for theory development, for further research, and for those who manage or advise family businesses. pp. 1-18