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Tensions Generated by Business Issues in Farm Business‐Owning Couples *
Author(s) -
Danes Sharon M.,
Lee Yoon G.
Publication year - 2004
Publication title -
family relations
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.772
H-Index - 87
eISSN - 1741-3729
pISSN - 0197-6664
DOI - 10.1111/j.0197-6664.2004.00042.x
Subject(s) - family business , wife , profit (economics) , business , for profit , marketing , business administration , psychology , finance , economics , political science , microeconomics , law
Business tensions were investigated for farm couples. Wives reported higher tension in four out of seven business tensions. Profit was the highest priority for husbands, whereas wives identified good family relationships as the highest priority. Transferring family financial resources to the business and having preschool children was associated with increased tensions for both wives and husbands. For husbands only, experiencing more stressful life events and indicating high importance for keeping the business within the family was associated with increased tensions. For both spouses, having the husband place family over business in priority, having a high level of functional integrity in the family system, and having a wife who was satisfied with her role in the business was associated with decreased tensions.