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The Modern Family Business pp 3–44Cite as

Palgrave Macmillan

The Family Business

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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).

Keywords

  • Family Firm
  • Family Business
  • Succession Process
  • Family Ownership
  • Succession Planning

These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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  1. Lorna Collins
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© 2012 Lorna Collins, Louise Grisoni, Claire Seaman, Stuart Graham, Dominique Otten, Rebecca Fakoussa and John Tucker

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Collins, L. (2012). The Family Business. In: The Modern Family Business. Palgrave Macmillan, London. https://doi.org/10.1057/9781137001337_1

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