Ethics of personal behaviour in family business (II): Differences of perception
Gallo, Miguel A.
The results presented in the following research paper are based on information collected by means of a questionnaire sent to 1,800 medium-sized and large Spanish family businesses. The owners and managers of these firms were asked about their perceptions of the frequency of violations of ethics in personal behaviour in family businesses. A total of 33 types of behaviour to do with ways of obtaining ownership, ways of gaining power, business strategy, company organization and shareholders was listed. This study reveals a number of factors that influence perceptions of ethics violations in family businesses. Level of education is without any doubt the factor with the greatest influence on the perception of ethics violations in family businesses: the more highly educated a person is, the more violations he or she perceives. Other statistically significant factors include: wh ether or not the respondent is a shareholder in the family business, what share he or she has in the ownership of the business, the respondent's age, the latest generation to join the family business, and whether any one shareholder owns over 50% of the company capital.
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