Researchers and policy-makers must clarify andjustify the criteria used to define family business.Once the scale of thefamily business phenomenon is more clearly understood, policies encouraging thedevelopment and survival of family firms may be introduced; for example, policymakers may lower or...

The European private equity market (management buy-outs and buy-ins) has grown in prominence over recent years with CMBOR figures showing the numbers of deals conducted rising from 1212 in 1998 to 1436 by the end of 2007. One of the most important features of this market has been the growth in...