Family Business Debates

In “Family Business Debates: Multidimensional Perspectives Across Countries, Continents and Geo-political Frontiers”, the authors propose an exploratory journey in 18 stages towards one of the founding territories, and paradoxically less studied, of our economic system, the family business. The interaction of two complex systems, such as family and business, is addressed in this very interesting book, which first analyzes this confluence from a philosophical and sociological perspective and then illustrates the development of this business model in various geographies. The result? An essential text for those who want to understand the dynamics of family business, either for academic purposes or as support for their professional practice.

This book deepens through the contribution of relevant researchers and academics from around the world, fully reflecting the effort to generate valuable knowledge about a key sector in the current business world. Each chapter involves a crucial and controversial issue of the family business based on reflection, debate and analysis. Covers its idiosyncrasy in different countries, governance, social dimensions, good and bad practices, the entrepreneurship factor, among other themes.

Complexity and exhaustive coverage of strategies, approaches, actions for those who manage family businesses in today's complex world, or for those who are interest to discuss, learn and internalize about the subject. The authors have made a unique, contemporary and innovative contribution that will leave its mark on the challenging future of family businesses.

This book has been written mainly by new family business scholars from many different places worldwide and brings a new multidimensional and multicultural research agenda. The main objective is to have a high-quality debate between various stakeholders of the family business ecosystem. Academics will find fascinating insights about doing better research in a challenging environment and give examples of case studies that could bring exciting frameworks to the field. For practitioners, they will find valuable ideas to manage their organization through the complexity of the family firms and therefore survive this 5th wave. Some of these primary aspects discussed in the book are factors that influence the continuity of the organization, like how to create a good entrepreneur culture, strategies to become a large firm and how to implement corporate governance in a better way, avoiding bad practices as the concentration of power and corruption. Finally, for policy makers, there are good ideas to endorse family businesses in these new ecosystems. Therefore, I would like to congratulate my colleagues on this initiative that helps our field preserve our family businesses.

"Family Business Debate" is an exciting journey between the theory of the researcher and the practice of the consultant who works with business families. With innovative, current topics and, in many cases, courageous approaches, the book explores little-known aspects of this type of organization. I know several of the authors of the articles, and I can assure you that, as writers, they have put their best into this work to ensure quality and adequate impact on the reader. If you are looking for multicultural perspectives to guide you in understanding today's family businesses, this book is one of the best choices.