Keeping it in the family : financial rewards in family firms
Carter, Sara and Welter, Friederike; Randerson, Kathleen and Bettinelli, Cristina and Dossena, Giovanna and Fayolle, Alain, eds. (2016) Keeping it in the family : financial rewards in family firms. In: Family Entrepreneurship. Routledge Rethinking Entrepreneurship Research . Routledge, Abingdon, Oxon, pp. 131-147. ISBN 978-1-13-884119-2
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Abstract
Entrepreneurs running family firms have considerable discretion in determining the form, the value and the timing of their financial rewards. The financial rewards of entrepreneurship include both direct financial rewards (i.e. drawings, net profit, shareholder dividends and equity sales), and a range of indirect rewards, including goods and services owned by the firm but used for personal and household consumption. The extraction of financial rewards may be adjusted to suit prevailing business conditions and the entrepreneur’s personal requirements.
ORCID iDs
Carter, Sara ORCID: https://orcid.org/0000-0001-5812-4354 and Welter, Friederike; Randerson, Kathleen, Bettinelli, Cristina, Dossena, Giovanna and Fayolle, Alain-
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Item type: Book Section ID code: 48025 Dates: DateEvent1 January 2016Published31 July 2015AcceptedSubjects: Social Sciences > Commerce Department: Strathclyde Business School > Hunter Centre for Entrepreneurship, Strategy and Innovation Depositing user: Pure Administrator Date deposited: 12 May 2014 15:14 Last modified: 11 Nov 2024 14:55 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/48025