| Popis: |
From small firms to large corporations, family-owned businesses were the significant pillar of Russian Empire’s economic growth on the eve ofWorld War I. This article offers a historical analysis of industrial activity Metalnikov family, placing them within the wider context of the economic development of Russia. The main research objective of this paper is to analyze institutional aspects of family businesses economic effectiveness taking into account industry-specific and regional characteristics companies, as well as various individual and group interests. In the present study evaluated the possibilities of the formation of financial-industrial group, with participation of Metalnikov’s family firms and revealed features and prospects for the development of industrial operations of the St. Petersburg private commercial bank in the early twentieth century. The major findings imply that factors such as level of education, career interest, high self-esteem, independent behavior, attitude toward risk, leadership qualities, and team spirit all influence the Metalnikov’s ability to successfully continue the family business. |
