Outcome quality of small-to-medium-sized enterprise-based alliances: the role of perceived partner behaviors

Article Abstract:

Goal-based and relationship-based factors both determine the quality of alliances forged by small-to-medium-sized enterprises (SMEs). A consolidation of the theories on transaction cost economics and social control have determined that speculations of trust, rather than opportunism, support SME-based partnerships. When partner behaviors are assumed to be in contrast with social expectations, the outcomes of SME-based alliances are considered negative even if the goals have been achieved.

Partnerships, Small business, Partnership

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Make your family business 'divorce-proof.'

Article Abstract:

A prenuptial agreement is one estate-planning tool that can keep divorce from crippling a family firm. Other methods include gifting company stock to a trust and using buy/sell agreements to limit the transfer of company stock to an outsider.

Usage, Economic aspects, Trusts and trustees, Trustees, Trusts (Law), Family-owned business enterprises, Family-owned businesses, Divorce, Buy-sell agreements, Prenuptial agreements

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