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Vol 11, Issue 1, 2021
Pages: 207 - 212
Review Scientific Paper
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Received: >> Accepted: >> Published: 06.06.2021. Review Scientific Paper

SPECIFICS OF HUMAN RESOURCES MANAGEMENT IN FAMILY BUSINESSES

By
Marko Simonović ,
Marko Simonović

Apejron Company , Belgrade , Serbia

Jelena Stojanović Alcaraz ,
Jelena Stojanović Alcaraz

Think Forward Consulting Group , San Diego , United States

Stefan Milojević ,
Stefan Milojević

Faculty of Finances , Belgrade , Serbia

Jovan Travica
Jovan Travica

Singidunum University , Belgrade , Serbia

Abstract

 In the modern environment, family businesses are at the core of the global economy, and their financial health and growth capacity is crucial to the economic well-being of any country. The importance of identifying human resource management practices is widely recognized in the management literature but insufficiently researched in the segment of small businesses and family businesses. The aim of this paper is to discuss these issues. A case study was applied in this paper. 

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