Due to the increasing globalization of today's world, descendants of family firms are often drawn to the unlimited opportunities outside their premises and no longer see their future workplace or the core of their identity within the family organization. However, this can lead to a rude...

Family business is the backbone of the global economy, as they account for seventy to ninety percent of all businesses worldwide. Although research on family business started in 1960's, much of the extant literature is still based on data from the West. Examining beyond this limited context is...