FAMILY BUSINESS AND FAMILY CONFLICT
DOI:
https://doi.org/10.66527/9s9pej76Keywords:
Family Business, Innovation, Family Conflict, Productivity, ProfitabilityAbstract
This study examines the relationship between family business and family conflict in five selected communities in Obio-Akpor LGA, Rivers State. Data were generated with the aid of necessary information collected from the study through the cross-sectional survey, oral interview, questionnaire and personal observation. A total population size of 200 and sample size of 133 was determined using Yaro Yamane’s formula at 0.05 level of significance. Also, 133 copies of questionnaire were distributed to the respondents, while 90 copies were completed and retrieved. The instruments were validated with reliability above 0.7 co-efficient, using Cronbach Alpha technique to research questions and hypotheses were raised which was tested with simple percentage via SPSS 25 version. From the findings, the concept of family business has affected family conflict in the Obio-Akpor communities. In conclusion firms that adhere to the concept of family business experience significant increase in family conflict, while those that neglect the conflict boost in their performance efficiency in merchandizing activities. Based on the findings and conclusion, contribution to scholarship shows that the study has shown good education scheme enhance family business, which intervene in family heathenness and family conflict. Additionally, the study revealed that poverty and language barrier affects spouse boost in family business and family conflict. It could be recommended among others that evaluation of relationship nexus on family business and family conflict in marriages on the physical and psychosocial health of children should indicated that such conflicts adversely affected the emotional safety of children
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