Empowering Successors: Exploring Women's Roles in Family - Owned Business

Empowering Successors: Exploring Women’s Roles in Family – Owned Business

Abinaya | Manohar    

Women | Family business

 Vol: 11; No: 1; Mar. 25 | ISSN: 2455-3921   

This research survey the women’s roles in family businesses investigating the effect of their involvement on leadership, innovation, and business dynamics. A comprehensive questionnaire was designed to gather demographic data, assess involvement in family businesses, and explore leadership, decision-making, and work-life balance. The findings reveal significant progress in gender equality within family enterprises, with women challenging traditional norms and stepping into leadership roles. Their contributions drive innovation and foster inclusive environments, enhancing governance and communication.  Despite challenges like gender inequality and family responsibilities, women’s involvement significantly transforms business strategies and outcomes.  The study highlights the significance of supportive policies and guidance initiatives in empowering women, ultimately resulting in long-term development and success of family businesses. This research highlights the invaluable contributions of women in driving a dynamic and inclusive business landscape. They enhance governance, improve communication, and create supportive environments that nurture future generations, empowering themselves and paving the way for successful family businesses.

Abinaya, Research Scholar (Full Time), Department of Commerce, Virudhunagar Hindu Nadars Senthikumara Nadar College (An Autonomous Institution, Affiliated to Madurai Kamaraj University), Virudhunagar, Tamilnadu, India