Leadership Styles and Financial management of Family Businesses : Case Studies

This case study examines the relationship between leadership style and financial management in family businesses. Family businesses are unique terms of their ownership structure, with members often acting as both owners managers. Therefore, styles play an important role these various styles, including transformational, transactional paternalistic leadership, how they influence decisions such investment, risk-taking performance. The study, conducted Krupuk Rambak Mojokerto MSME community, also explores dynamics, succession planning corporate governance shaping Overall, results literature review suggest that a combination transformational coupled effective communication structures, can result better performance However, further research is needed to fully understand complex interactions dynamics