Australian family businesses: Ready to thrive post COVID-19?

Document Type

Book Chapter

Publication Title

Family Business Debates

Publisher

Emerald

School

School of Business and Law

RAS ID

52998

Comments

Caspersz, D., Stevanovski, M., & Seet, P. S. (2022). Australian family businesses: Ready to thrive post COVID-19?. In Family Business Debates (pp. 165-182). Emerald Publishing Limited. https://doi.org/10.1108/978-1-80117-666-820221009

Abstract

Family businesses account for 70% of businesses in Australia, and employ half of Australia's workforce (ASBFEO, n.d). Although they form an integral part of Australian economy and society, the experience of COVID-19 has undoubtedly created both change and challenges for family businesses. Are Australian family businesses ready to manage this change and cope with these challenges? In this chapter we explore this question by discussing the “state-of-the-art” about family businesses in Australia, and present research directions to develop knowledge about the readiness of Australian family businesses to not only flourish but to be sustainable in the post COVID-19 world.

DOI

10.1108/978-1-80117-666-820221009

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