Project Statement: Survival Patterns of Australian Family Firms

This project statement outlines a research project examining the survival patterns of family firms in Australia, with a focus on the role of boards in corporate governance. The study investigates the types of business operations within family firms and aims to identify strategies for long-term survival. The research employs a case study methodology, analyzing data from six Australian family businesses to understand the factors influencing their success and resilience. The project includes a literature review, a detailed methodology section, presentation of findings, implications, recommendations, and conclusions. The research aims to contribute to a deeper understanding of the challenges and opportunities facing family businesses and to provide insights for enhancing their sustainability.