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Family Values and Value CreationToward a Typology of Family Business Systems

Family Values and Value Creation: Toward a Typology of Family Business Systems [While all family business systems can be described using the Three-Circle Model (see Figure 6.1), they also vary enormously. Family businesses range from the smallest and simplest to the largest and most complex businesses. Business families range from small, closely related groups to large, distantly related clans. Family business ownership groups can involve one person to hundreds of family members, have a mix of active and passive owners, and be privately held or publicly owned. The combinations of various business, family, and ownership types produce a potentially huge number of different kinds of family business systems. There are, of course, other ways to characterize family business systems. Family companies include the youngest to the oldest businesses on the planet. They are found in every corner of the world and in virtually every industry.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Family Values and Value CreationToward a Typology of Family Business Systems

Part of the A Family Business Publication Book Series
Editors: Tàpies, Josep; Ward, John L.
Davis, John A.
Family Values and Value Creation — Oct 21, 2015
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27 pages

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References (10)

Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2008
ISBN
978-1-349-30332-8
Pages
127 –154
DOI
10.1057/9780230594227_7
Publisher site
See Chapter on Publisher Site

Abstract

[While all family business systems can be described using the Three-Circle Model (see Figure 6.1), they also vary enormously. Family businesses range from the smallest and simplest to the largest and most complex businesses. Business families range from small, closely related groups to large, distantly related clans. Family business ownership groups can involve one person to hundreds of family members, have a mix of active and passive owners, and be privately held or publicly owned. The combinations of various business, family, and ownership types produce a potentially huge number of different kinds of family business systems. There are, of course, other ways to characterize family business systems. Family companies include the youngest to the oldest businesses on the planet. They are found in every corner of the world and in virtually every industry.]

Published: Oct 21, 2015

Keywords: Family Operator; Family Firm; Family Business; Vote Share; Family Owner

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