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This paper questions the effectiveness of economic development policies and programs which fail to differentiate family from non-family enterprises in the UK small and medium-sized firms sector. Published evidence is reviewed and findings from workshops and interviews with 10 Scottish family...
Family business studies have focused on succession because of the incidence of family business failure and the importance of family businesses within the US economy. This study furthers the understanding of family business failure by making the distinction between succession planning (the...
This article presents a framework for assessing commonly accepted family business statistics, based on the criteria used to define a family business. Using existing research from multiple fields and sources, a range is extrapolated for the total number of family businesses in the US, their...
Although family-owned and managed firms are the predominant form of business organization in the world today, little systematic research exists on these companies. This paper builds upon insights found in the emerging literature on these enterprises and upon our own observations to provide a...
Limited research on ethics in family business leads to competing arguments regarding whether family firms are more, less or equally as ethical as non-family controlled firms. Comparing structured interview data from 214 respondents in family firms with a proportionally matched sample of 230...
Sixty-three family business CEOs were surveyed and interviewed to better understand why some successors are able to grow revenues and profits for their respective family firms, and why some do not. This research uncovers significant elements that differentiate effective from less effective...
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