Business, family, and resource intermingling characteristics as predictors of cash flow problems in family-owned businesses

Virginia S. Zuiker, Yoon G. Lee, Patricia D. Olson, Sharon M. Danes, Amy N. Van Guilder Dik, Mary Jo Katras

Research output: Contribution to journalArticlepeer-review

14 Scopus citations

Abstract

Cash flow problems of 673 family-owned businesses from a nationally representative sample were investigated. The final model of the 3-step hierarchical binary logistic regression was used to predict the probability of the occurrence of cash flow problems in the business, household, and the business and household simultaneously. Business system, family system, and resource intermingling variables contributed to the explanation of cash flow problems in the business, household, or in both entities. Findings indicate that when resources are intermingled across systems, assessing the well-being of one system is incomplete without assessing the other system among family-owned businesses.

Original languageEnglish (US)
Pages (from-to)65-83
Number of pages19
JournalJournal of Financial Counseling and Planning
Volume13
Issue number2
StatePublished - Jan 1 2002

Keywords

  • Cash flow problems
  • Cash flow problems in family-owned business
  • Family business finances
  • Family-owned business
  • Resource intermingling

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