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

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.

RAS ID

52998

Document Type

Book Chapter

Date of Publication

2022

School

School of Business and Law

Copyright

subscription content

Publisher

Emerald

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

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Link to publisher version (DOI)

10.1108/978-1-80117-666-820221009