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Family Businesses. Edition No. 1
VDM Publishing House, Oct 2008, Pages: 176
Family businesses are complex entities with specific
challenges. They must achieve a difficult equilibrium
between the business world and the family world,
making sure that they address the issues of each
without neglecting the other. Family businesses
represent the most prevalent form of businesses
around the world and build the backbone of most
economies. Even though there is growing awareness
among public policy makers, as well as businesses and
academics, family business research is still in a
preparadigmatic stage and remains fragmented in focus
and findings. This book reviews the existing
literature and argues that there is a lack of
research which specifically looks at the Top
Management Team (TMT) in family firms and how family
involvement within this team affects the performance
of the firm.
This book should be especially useful to family
business owners, family members and managers as well
as business consultants.
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