Developing Capabilities for Sustainability in Family Small Enterprises: An Emerging Market Scenario

Developing Capabilities for Sustainability in Family Small Enterprises: An Emerging Market Scenario

Ben Akume, Osarumwense Iguisi
Copyright: © 2020 |Volume: 1 |Issue: 2 |Pages: 15
ISSN: 2644-1780|EISSN: 2644-1799|EISBN13: 9781799803522|DOI: 10.4018/IJEGCC.2020070102
Cite Article Cite Article

MLA

Akume, Ben, and Osarumwense Iguisi. "Developing Capabilities for Sustainability in Family Small Enterprises: An Emerging Market Scenario." IJEGCC vol.1, no.2 2020: pp.9-23. http://doi.org/10.4018/IJEGCC.2020070102

APA

Akume, B. & Iguisi, O. (2020). Developing Capabilities for Sustainability in Family Small Enterprises: An Emerging Market Scenario. International Journal of Entrepreneurship and Governance in Cognitive Cities (IJEGCC), 1(2), 9-23. http://doi.org/10.4018/IJEGCC.2020070102

Chicago

Akume, Ben, and Osarumwense Iguisi. "Developing Capabilities for Sustainability in Family Small Enterprises: An Emerging Market Scenario," International Journal of Entrepreneurship and Governance in Cognitive Cities (IJEGCC) 1, no.2: 9-23. http://doi.org/10.4018/IJEGCC.2020070102

Export Reference

Mendeley
Favorite Full-Issue Download

Abstract

Though literature in family perpetuity and sustainability is well documented from the advanced economies, there is scarcity of insights from emerging markets where this research relates. The study, therefore, sought to investigate, understand, and interpret the underlying drivers of sustainability in small family businesses using the stewardship theory paradigm in the Nigerian family business environment. A qualitative method with 41 in-depth interviews involving owners and managers of family-owned small and medium businesses was conducted. The study empirically shows that there is an interrelationship between family structure and business sustainability; hence, the practice of polygamy was found to be inimical to family business success and sustainability. Building on the stewardship theory, the paper develops a model of sustainability for small and medium family businesses. The study contributes to the theoretical literature on stewardship and family business sustainability.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.