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Family and Business Family at the Same Time: The Duplicated Family

In: The Two Sides of the Business Family

Author

Listed:
  • Arist von Schlippe

    (Witten/Herdecke University)

  • Tom A. Rüsen

    (Witten/Herdecke University)

  • Torsten Groth

    (Witten/Herdecke University)

Abstract

What does a business family do when it has to continuously balance family, business and shareholder-related contexts? Business families are not businesses, yet neither are they solely and exclusively families. They can be seen as distinct social systems defined by oscillating identity requirements. As a visual symbol for this, we have chosen the image of the reversible figure: the family is always both a family and a business family—two different social systems—at the same time. As in the familiar optical illusions, the image is reversed and appears to be something entirely different, and so it is with the family: suddenly it appears as being a business family and, as such, in a completely different context than if it were only a family (and vice versa). This idea will be pursued in the pages that follow.

Suggested Citation

  • Arist von Schlippe & Tom A. Rüsen & Torsten Groth, 2021. "Family and Business Family at the Same Time: The Duplicated Family," Management for Professionals, in: The Two Sides of the Business Family, chapter 4, pages 73-87, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-60200-0_4
    DOI: 10.1007/978-3-030-60200-0_4
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