Family businesses are the most common business form in the world, ranging from the millions of small local businesses to giants such as Walmart. This book showcases the crucial contribution that family businesses make to the world economy, and informs students of the existing and potential research in this area.
Drawing upon global academic research and case studies, theories of family businesses are explained and prevailing myths and assumptions are tested. Features including exercises linked to case studies develop skills in applying theories in practice.
This concise textbook is essential reading for students of family business and useful additional reading for those interested in entrepreneurship more broadly.
1. What’s So Special About Family Business? 2. Nothing so Practical as Good Theory 3. Family Firms: Same or Different? 4. Professionalization and Governance 5. Families in Business: Expansion and Entrepreneurship 6. Succession Issues and Alternatives 7. Succession Processes and the Next Generation 8. Finance, Investment and Shareholding 9. Community, Philanthropy and Social Responsibility 10. Longevity and the Future for Family Firms
Entrepreneurship occupies a central position in the business disciplines, whilst entrepreneurs' contributions to the global economy is widely acknowledged. In light of this importance, entrepreneurship education plays a key role in delivering employable graduates across the academy. This textbook series provides relatively short, accessible textbooks on a range of entrepreneurship topics.
Collectively, the series is a valuable resource for students of entrepreneurship, helping them gain an in-depth understanding of contemporary entrepreneurial concepts. Individually, each text provides essential reading for a core entrepreneurship topic. A range of consistent pedagogical features are used throughout the texts, highlighting the practical importance of theoretical concepts.
Specialist, postgraduate students of entrepreneurship will find the series to be the ideal starting point for their studies, whilst non-specialist students looking to understand new ventures and entrepreneurial thinking will gain much value across these books.