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Submitted By kenny1994
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COPRENEURSHIPS IN FAMILY BUSINESSES SUMMARY OF FINDINGS

Carey Eybers

2 1 INTRODUCTION AND OVERVIEW OF THE RESEARCH

Copreneurships (husband and wife or life-partner teams in business together) have shown tremendous growth in recent years, both nationally and internationally. However, despite the increase in copreneurial partnerships, the understanding and research attention given to these family businesses is still lacking. For this reason, the purpose of this study was firstly, to contribute to the more effective functioning of copreneurships in South African small and medium-sized family businesses by identifying the factors that impact on their success; and secondly, to expand the existing body of knowledge on family businesses in South Africa and abroad. Taking the purpose of this study into account, its primary objective was to identify and empirically investigate the factors that influence the Perceived success of copreneurships in South Africa. As such, the conditions required for the effective and harmonious functioning of these spousal partnerships, were investigated.

A comprehensive literature study was carried out in order to identify as many factors as possible that could influence the Perceived success of copreneurships. The influencing factors were identified from numerous secondary sources in the fields of Organisational Behaviour and family business, as well as anecdotal evidence and the opinions of experts. Once identified, these factors were subjected to empirical testing. A structured questionnaire was made available to approximately 1 548 respondents throughout South Africa. These respondents were identified by means of the convenience snowball sampling technique. A total of 380 usable questionnaires were returned and subjected to statistical analysis.

2

SUMMARY OF FINDINGS AND PROPOSED RECOMMENDATIONS

The statistical analysis revealed that

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