© 2015

How Family Firms Differ

Structure, Strategy, Governance and Performance


Table of contents

  1. Front Matter
    Pages i-x
  2. Sumon Kumar Bhaumik, Ralitza Dimova
    Pages 1-16
  3. Sumon Kumar Bhaumik, Ralitza Dimova
    Pages 17-42
  4. Sumon Kumar Bhaumik, Ralitza Dimova
    Pages 43-67
  5. Sumon Kumar Bhaumik, Ralitza Dimova
    Pages 69-94
  6. Sumon Kumar Bhaumik, Ralitza Dimova
    Pages 95-101
  7. Back Matter
    Pages 103-124

About this book


Family firms account for a large proportion of firms in most countries. In industrialised countries of North America and Western Europe, they generally account for a large share of small and medium sized enterprises. In emerging market economies such as India, they also account for the majority of the large firms. Their importance for factors such as employment creation notwithstanding, relative to the widely held Anglo-Saxon firms, which are ubiquitous in the economics, finance and management literatures, family firms have historically received much less attention from scholars of these disciplines. However, in part owing to increased focus on emerging markets, there is a growing literature on family firms. In How Family Firms Differ, the authors explore important aspects of family firms, drawing on the existing literature and their own research on these firms.


drawing English literature family future governance literature performance research strategy structure

Authors and affiliations

  1. 1.University of SheffieldUK
  2. 2.University of ManchesterUK

About the authors

Sumon Bhaumik is Professor of Finance at University of Sheffield Management School, University of Sheffield, UK.
Ralitza Dimova is Senior Lecturer of Development Economics at the University of Manchester, UK.

Bibliographic information

Industry Sectors
Chemical Manufacturing
Consumer Packaged Goods
Materials & Steel
Finance, Business & Banking