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The Family Business in Collectivist Societies: Traits and Implications

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  • El Fasiki, Hamza

Abstract

The way a family business functions is greatly influenced by the structure of the society it originates from. A wide range of literature has recently attempted to emphasise that it is, therefore, not possible to create global family business theories without taking into consideration the remarkable differences that cultural and traditional context can make. Our attention is drawn to the role that collectivism plays in influencing family culture and the way in which it manifests in entrepreneurial activity throughout family generations. Collectivist societies and the family culture experienced by its individuals can have an important influence on the family business and the entrepreneurship it fosters. The term “collectivist society” describes how individuals often behave while following imposed sets of social patterns. On a smaller scale the same paradigm applies to family businesses where the family and the business life cycles complete each other. Hamza El Fasiki, Head of Research and Studies at the Moroccan Center for Innovation and Social Entrepreneurship, describes the impact of the collectivist society on the family business paradigm and explores how organisational and family culture become one, and the power hierarchy that ensures.

Suggested Citation

  • El Fasiki, Hamza, 2013. "The Family Business in Collectivist Societies: Traits and Implications," MPRA Paper 48857, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:48857
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    File URL: https://mpra.ub.uni-muenchen.de/48857/1/MPRA_paper_48857.pdf
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    References listed on IDEAS

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    1. Van de Kerk, Geurt & Manuel, Arthur R., 2008. "A comprehensive index for a sustainable society: The SSI -- the Sustainable Society Index," Ecological Economics, Elsevier, vol. 66(2-3), pages 228-242, June.
    2. Stávková, Jana & Stejskal, Ladislav & Nagyová, Ludmila, 2011. "Income differentiation of households in the CR," MPRA Paper 36509, University Library of Munich, Germany.
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    More about this item

    Keywords

    Family Business; Family Culture; Collectivism; Organisational Culture; Culture;

    JEL classification:

    • A39 - General Economics and Teaching - - Multisubject Collective Works - - - Other
    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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