Adjustment Strategy Use in Minority Family Businesses: Differences Across Gender

Yoon G. Lee (), Margaret A. Fitzgerald () and Kenneth R. Bartkus ()
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Yoon G. Lee: Utah State University
Margaret A. Fitzgerald: North Dakota State University
Kenneth R. Bartkus: Utah State University

Journal of Family and Economic Issues, 2017, vol. 38, issue 1, No 1, 17 pages

Abstract: Abstract The objectives of this study were to explore the adjustment strategies employed by minority female owners of small family firms and to compare their use of adjustment strategies with those of their male counterparts. There were significant gender differences in the adoption of adjustment strategies among minority-owned family firms. The major findings of this study suggest that minority female business owners were more likely to reallocate family resources to help with business tasks and were more likely to intertwine both tasks than minority male business owners when demands were particularly great for the family or the firm. In addition, compared to male business owners, a relatively higher proportion of female business owners used volunteer help without pay during hectic times. Implications for business consultants and educators working with minority business owners are discussed.

Keywords: Adjustment strategies; Female business owners; Minority-owned firms; Sustainable family business model; Work–life balance (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (7)

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DOI: 10.1007/s10834-015-9478-8

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