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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. Fernandez, Viviana, 2023. "Family entrepreneurship around the world," International Review of Financial Analysis, Elsevier, vol. 89(C).
    3. 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.

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