Women Entrepreneurs in Family Business: The Hungarian Case

Abstract

Although in many countries throughout the world a large percentage affirms are family businesses that directly impact the well‐being of an economy, research in the field, particularly on the role of women, has been very sparse. By exploring the role of women in family business within a Hungarian context, this paper provides an indication of the similarities and differences of women entrepreneurs in family businesses and how this reflects their social structure. Since owning and running a family business requires a lifestyle that deeply impacts the women's role in society and in the family, governments need to address some fundamental issues that will help women in this process.

An Examination of the Challenges Daughters Face in Family Business Succession

“…The questions addressed whether the daughters experienced succession issues as suggested in the literature and aimed at getting their thoughts on the succession process in general. Some issues included gender issues and whether the daughter felt any gender discrimination or stereotyping from others during and after the succession (Cole, 1997; Salaganicoff, 1990); relationships with family members in the business, including siblings (Barnes, 1988) and nonfamily members in the business (Dumas, 1989); work‐family conflict issues (Cadieux et al, 2002; Cole, 1997; Salaganicoff, 1990); age at the time of succession (Salaganicoff, 1990; Schiff Estess, 2001); and the ease or reluctance on the part of the parent to hand over control to the daughter (Cadieux et al, 2002; S. Davis & Harveston, 1998; Dumas, 1998; Hisrich & Fulop, 1997). Table 3 displays the list of structured questions used for each interview.…”

Women’s involvement in family firms: Progress and challenges for future research

“…Table 3 offers a synoptic view of our findings. (Hisrich & Fülöp, 1997), and alertness, i.e. the ability of women to identify opportunities and exploit the resources needed for their entrepreneurial strategy (Kickul, Jianwen, Gundry, & Iakovleva, 2010).…”

Women's Pathways to Participation and Leadership in the Family-Owned Firm

“…Godfrey (1992) suggested that family relationships provide a training ground for women entrepreneurs for later relationships with customers, investors, and employees. Finally, according to Hisrich and Fulop (1997), women are twice as likely as men to envision their daughters taking over the business. Therefore, having female CEOs at the head of family firms may have a positive impact on the next generation of women in family firms.…”