Revealing the Third Generation Myth in Family Businesses | Zendy

Sabitha Rani Saraswati | Zendy

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Revealing the Third Generation Myth in Family Businesses

Author(s) -

Sabitha Rani Saraswati

Publication year - 2020

Publication title -

jurnal entrepreneur dan entrepreneurship

Language(s) - English

Resource type - Journals

eISSN - 2580-9393

pISSN - 2302-1802

DOI - 10.37715/jee.v9i1.1261

Subject(s) - third generation , credibility , first generation , mythology , delegation , family business , triangulation , third party , business , test (biology) , marketing , resource (disambiguation) , public relations , computer science , management , sociology , economics , political science , telecommunications , internet privacy , law , mathematics , history , population , computer network , biology , paleontology , geometry , classics , demography

A family Business is a company or business which is run and managed by a family. Hence, the purpose of this study is to find out the truth of the Third Generation myth in family businesses. This study uses a data collection method using a semi-structured interview. This research uses source triangulation method which aims to test the credibility of the data which is carried out by checking the data that has been obtained from several sources. In this study, samples will be taken from several sources. The resource person himself will be taken from the senior generation as the owner of the family businesses and the next generation. The results of this study states that the decline of family businesses did not occur solely because of the mistakes of the third generation. Therefore, the third generation myth is not true.

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