The power of women in the success of business family: A case study of Kosovo, Albania and North Macedonia

The main objective of this research is to emphasize the significant role women hold in leading family businesses in transitional countries such as Kosovo, North Macedonia, and Albania. It aims to demonstrate how women’s leadership can positively influence business performance, economic advancement and social development in these regions where traditional gender norms are shifting. Additionally, this study explores how empowering women in leadership roles can foster innovation, strengthen resilience, and ensure long-term sustainability for family-owned businesses ultimately contributing to the broader economic progress of these transitioning economies. This research aims to analyze family support, cultural factors and the influence of education on the advancement of women in leadership positions with a particular focus on family businesses. In this empirical research, 490 women from the countries above were included and the sample was randomly selected due to a lack of formal data. The results of the analyses were presented through descriptive analysis, Pearson correlation, Ordinary Least Squares (OLS) and T-test. The results indicate that family support has already a significant impacted advancement. Similarly, cultural factors have a positive influence. These factors have changed and are no longer obstacles to women's advancement as in the past, although in some rural countries this is still seen as an obstacle. Another important factor is education where women prioritize before taking leadership positions and continue with various training even after taking positions to be fully prepared to achieve their business objectives.

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Publication Details

Journal
Humanities and Social Sciences Letters
Published
2024-11-07
DOI
https://doi.org/10.18488/73.v13i1.3973
Citations
4
Primary Topic
Family Business Performance and Succession
Type
article
Field-Weighted Citation Impact
2.70
Controls
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article

The power of women in the success of business family: A case study of Kosovo, Albania and North Macedonia

Rrezarta Gashi, Violeta Smajlaj
4 citations
Humanities and Social Sciences Letters
Family Business Performance and Succession
2.70
article

The power of women in the success of business family: A case study of Kosovo, Albania and North Macedonia

Rrezarta Gashi, Violeta Smajlaj
article en
4 citations

Abstract

The main objective of this research is to emphasize the significant role women hold in leading family businesses in transitional countries such as Kosovo, North Macedonia, and Albania. It aims to demonstrate how women’s leadership can positively influence business performance, economic advancement and social development in these regions where traditional gender norms are shifting. Additionally, this study explores how empowering women in leadership roles can foster innovation, strengthen resilience, and ensure long-term sustainability for family-owned businesses ultimately contributing to the broader economic progress of these transitioning economies. This research aims to analyze family support, cultural factors and the influence of education on the advancement of women in leadership positions with a particular focus on family businesses. In this empirical research, 490 women from the countries above were included and the sample was randomly selected due to a lack of formal data. The results of the analyses were presented through descriptive analysis, Pearson correlation, Ordinary Least Squares (OLS) and T-test. The results indicate that family support has already a significant impacted advancement. Similarly, cultural factors have a positive influence. These factors have changed and are no longer obstacles to women's advancement as in the past, although in some rural countries this is still seen as an obstacle. Another important factor is education where women prioritize before taking leadership positions and continue with various training even after taking positions to be fully prepared to achieve their business objectives.

Humanities and Social Sciences LettersVol. 13(1)
AAB College (XK), Rochester Institute of Technology Kosovo (XK), Kosovo Telecom (Kosovo) (XK)
Openalex Percentile: Top 9%
Family Business Performance and Succession
2.70
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