Financial and relationship predictors of family business goal achievement

Sharon M. Danes; Nita Fitzgerald; Kevin C. Doll

Financial and relationship predictors of family business goal achievement

Sharon M. Danes, Nita Fitzgerald, Kevin C. Doll

Family Social Science

Research output: Contribution to journal › Article › peer-review

13 Scopus citations

Abstract

The purpose of this study was to investigate the relationship among financial decision involvement, assertive conflict mode, and goal achievement for farm family business husbands and wives. For wives, managing finances and tension over finances predicted decision involvement, income adequacy perception predicted assertive conflict mode, and age, off-farm employment, income adequacy perception, locus of control, managing finances and tensions over finances predicted goal achievement. For husbands, age, off-farm employment, and managing finances predicted financial decision involvement, tensions over finances predicted assertive conflict mode, and age, off-farm employment, locus of control, income adequacy perception, and assertive conflict mode predicted goal achievement.

Original language	English (US)
Pages (from-to)	43-52
Number of pages	10
Journal	Journal of Financial Counseling and Planning
Volume	11
Issue number	2
State	Published - 2000

Keywords

Conflict mode
Family business finances
Family relations
Financial decisions
Goals

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title = "Financial and relationship predictors of family business goal achievement",

abstract = "The purpose of this study was to investigate the relationship among financial decision involvement, assertive conflict mode, and goal achievement for farm family business husbands and wives. For wives, managing finances and tension over finances predicted decision involvement, income adequacy perception predicted assertive conflict mode, and age, off-farm employment, income adequacy perception, locus of control, managing finances and tensions over finances predicted goal achievement. For husbands, age, off-farm employment, and managing finances predicted financial decision involvement, tensions over finances predicted assertive conflict mode, and age, off-farm employment, locus of control, income adequacy perception, and assertive conflict mode predicted goal achievement.",

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AU - Danes, Sharon M.

AU - Fitzgerald, Nita

AU - Doll, Kevin C.

PY - 2000

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AB - The purpose of this study was to investigate the relationship among financial decision involvement, assertive conflict mode, and goal achievement for farm family business husbands and wives. For wives, managing finances and tension over finances predicted decision involvement, income adequacy perception predicted assertive conflict mode, and age, off-farm employment, income adequacy perception, locus of control, managing finances and tensions over finances predicted goal achievement. For husbands, age, off-farm employment, and managing finances predicted financial decision involvement, tensions over finances predicted assertive conflict mode, and age, off-farm employment, locus of control, income adequacy perception, and assertive conflict mode predicted goal achievement.

KW - Conflict mode

KW - Family business finances

KW - Family relations

KW - Financial decisions

KW - Goals

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ER -

Financial and relationship predictors of family business goal achievement

Abstract

Keywords

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