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Transcending Tradition: A Comprehensive Exploration of Family Business Dynamics, Governance, and Strategic Advantages

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  • Azzeddine Allioui

    (ESCA Ecole de Management, Morocco)

Abstract

The study explores the development of family business research, starting with Dr. Léon Danco's contributions in 1975. It highlights the exceptional achievements of family businesses in various domains, such as business performance, employment generation, return on investment, and flexibility. The study emphasizes the beneficial relationship between family and company, resulting in unique competitive advantages. It also analyzes attributes associated with family governance, highlighting their distinctive capabilities for social capital, efficiency, and opportunistic investment.

Suggested Citation

  • Azzeddine Allioui, 2024. "Transcending Tradition: A Comprehensive Exploration of Family Business Dynamics, Governance, and Strategic Advantages," Scientia Moralitas Conference Proceedings 01281, Research Association for Interdisciplinary Studies.
    • Handle: RePEc:smo:scmowp:01281
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    References listed on IDEAS

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    1. Jean‐Luc Arregle & Michael A. Hitt & David G. Sirmon & Philippe Very, 2007. "The Development of Organizational Social Capital: Attributes of Family Firms," Journal of Management Studies, Wiley Blackwell, vol. 44(1), pages 73-95, January.
    2. Jean-Luc Arrègle & Michael Hitt & David Sirmon & Philippe Véry, 2007. "The Development of Organizational Social Capital : Attributes of Family Firms," Post-Print hal-02312687, HAL.
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    Keywords

    tradition; family business dynamics; governance; strategic advantages;
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