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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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    References listed on IDEAS

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    1. Neil C. Churchill & Kenneth J. Hatten, 1987. "Non-Market-Based Transfers of Wealth and Power: A Research Framework for Family Businesses," Entrepreneurship Theory and Practice, , vol. 12(2), pages 53-66, October.
    2. Neil C. Churchill & Kenneth J. Hatten, 1987. "Non-Market-Based Transfers of Wealth and Power: A Research Framework for Family Businesses," Entrepreneurship Theory and Practice, , vol. 11(3), pages 51-64, January.
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    More about this item

    Keywords

    Family Business; Family Culture; Collectivism; Organisational Culture; Culture;
    All these keywords.

    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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