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TO EMPLOYEES PERFORMANCE
A THESIS
PRESENTED TO THE FACULTY OF THE
COLLEGE OF BUSINESS ADMINISTRATION
POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
STA. MESA, MANILA
BY:
Introduction
During the First Republic of the Philippines was instituted, the family dynasty
in politics also commenced. If there are political dynasty it is also a fact that in
corporate world there are family dynasties that dominate the world of business in
the Philippines and most parts of Asia. Business dynasty means that a family
owns the business for a long period of time as the proprietor pass his position to
its successor. Currently in the Philippines, there are many families who own a
Equity Ventures, Inc.) and lastly the Ayala family (Ayala Corporation).
Business dynasty is established and run by the family members. The head of
the family is the one who controls the business and usually the eldest son
inherits the enterprise. It is inevitable that the other family members also work
within the company as they hold the ownership and management together.
Employees may have a less advancement in the business that will reduce their
The researchers aim to perceive the relevance of Aboitiz Equity Ventures, Inc.
This chapter presents the related literature and studies both foreign and local
which is important bearing in further discussion of the study. It will help the study
Foreign Literature
of family business to one generation (old) to the younger generation is one of the
most agonizing experience that business faces. The transition problem affects
both family and non-family member employees inside the company. Employees
(old and young) who work inside the business but who are outside of the family,
faces different pressures and concerns from those of the family employees. The
older employees want rewards for loyalty, sharing of equity, and security, and
professionalism, opportunities for growth, equity, and reasons for staying. Both
age groups worry about bridging the family transition (Barnes and Hershon,
1976).
Another perspective comes from the relatives, those who are inside the
family member but not in the current management of the business. The older
relatives worry about income, family conflicts, dividend policies, and a place in
the business for their own children. The younger, often disillusioned brothers and
RESEARCH METHODOLOGY
This chapter presents the methodology that was being used by the
and the interview. The researchers utilized questionnaires both oral and written
and the interview. The researchers utilized questionnaires both oral and written
The target population of the study is consisted of 150 employees, male and
female who are currently working at Aboitiz Equity Ventures Inc. The
member or non-family member who can contribute to the study on how the