@article{MAKHILLIBM202115327553,
    title = {Leadership Practices and its Impact on Family Business Performance: An Overview and
Comparison of First and Second Generation Leaders in LEBANON},
    journal = {International Business Management},
    volume = {15},
    number = {3},
    pages = {108-124},
    year = {2021},
    issn = {1993-5250},
    doi = {ibm.2021.108.124},
    url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2021.108.124},
    author = {Firas and},
    keywords = {business performance,successors,leaders,first and second generation,family business,Leadership,Leadership Practices Inventory (LPI)},
    abstract = {The research paper is composed of 300
companies which represent 300 family business leaders
from all Lebanese regions of small medium-sized family
business and from various economic activities. Data had
been collected by using a LPI questionnaire defined by
Kouzes and Posner. The main aim of my article is to
detect the relationship binding the individual leadership
practices, i.e. Model the way, Inspire a shared vision,
Challenge the process, Enable others to act and Encourage
the heart and family business performance. In addition, to
investigate the factors that bolsters family business
continuity. This article studies the impact of individual
leadership practices on the family businesses performance
in a service sector economy. The outcomes of this
research show some positive significant correlations exist
between the leadership practices and the family business
performance for the first-and second generation leaders.
In addition, only 3 effective correlations exist between the
independent variables and the dependent variables for
both generations. For first generation leaders Model the
way, Enable others to act and Encourage the heart have a
significant impact on family business performance. While
for second generation leaders Model the way, Challenge
the process and Encourage the heart have a significant
influence on business performance. Whereas there are
some differences and lack resulted from different adaption
of the leadership practices. Thus, the results of this study
help the Lebanese family business leaders to improve
their leadership practices to achieve higher level of family
business performance among first and second
generations.}
    }