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The Family Business

In: The Modern Family Business

Author

Listed:
  • Lorna Collins

Abstract

Family businesses are all around us: from local ‘mom-and-pop’ stores and the millions of small and medium-sized companies that underpin many economies to household names such as BMW, Samsung and Wal-Mart Stores. One-third of all companies in the SandP 500 index and 40 per cent of the 250 largest companies in France and Germany are defined as family businesses, meaning that a family owns a significant share and can influence important decisions, particularly the election of the chairman and CEO (Caspar, Dias and Elsdrodt, 2010).

Suggested Citation

  • Lorna Collins, 2012. "The Family Business," Palgrave Macmillan Books, in: The Modern Family Business, chapter 1, pages 3-44, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-00133-7_1
    DOI: 10.1057/9781137001337_1
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    Citations

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    Cited by:

    1. Lu, Feifei & Zhu, Zhu & He, Xiaogang, 2021. "Aspirations of Chinese families-in-business: Development of a reliable measurement instrument," Journal of Family Business Strategy, Elsevier, vol. 12(4).
    2. Damianus Abun & Sylvia Lalaine Grace L. Foronda & Fredolin P. Julian & Egdona A. Quinto & Theogenia Magallanes, 2022. "Business intention of students with family business and entrepreneurial education background," International Journal of Business Ecosystem & Strategy (2687-2293), Bussecon International Academy, vol. 4(2), pages 01-12, April.
    3. Fernandez, Viviana, 2023. "Family entrepreneurship around the world," International Review of Financial Analysis, Elsevier, vol. 89(C).

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