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Annals of Medicine and Medical Sciences
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  3. Investigation of the Relationship between Family Business Success and …
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Investigation of the Relationship between Family Business Success and Marital Failure in Tanzania.

Annals of Medicine and Medical SciencesVol. 8, No. 07, (2024) July 19, 2024pp. 4452-4457DOI: 10.18535/sshj.v8i07.1214
205 91
Abstract

This study explores the link between family business success and marital breakdown using a mixed-methods approach. Data from 110 family business people in Kilimanjaro was collected using a cross-sectional survey design. The findings show that extramarital affairs, poor conflict resolution skills, poor communication, biased succession processes, and imbalanced work-life dynamics contribute to higher rates of marital failures among family business couples. Recommendations include interventions enhancing conflict resolution skills, fostering effective communication, ensuring fair succession processes, and promoting work-life balance to mitigate these risks.

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