Abstract
In many parts of Asia (India, China) there is a long tradition of the family business. All members of the family are expected to work in the business which they know, one day, will become theirs. They are very common. Perhaps 80% of the world’s businesses are family firms. Certainly only just under half of the Fortune 500 companies are family owned and controlled.
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© 2005 Adrian Furnham
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Furnham, A. (2005). Family business. In: The People Business. Palgrave Macmillan, London. https://doi.org/10.1057/9780230510098_24
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DOI: https://doi.org/10.1057/9780230510098_24
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-4039-9222-2
Online ISBN: 978-0-230-51009-8
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