Comparing the economic performance of family businesses and non-family businesses

Practice area: Education and Labour Markets | Labour market economics
Client: European Foundation for the improvement of living and working conditions
Published: June, 2003
Keywords: qualitative analysis

This report for the European Foundation for the Improvement of Living and Working Conditions reviews the performance of family and non-family businesses. LE’s work surveys the key characteristics of family businesses and examines the empirical evidence comparing performance with non-family businesses. Four themes appear salient in linking the key characteristics with the business performance: ownership and control, management strategies and style, long-term view, and human resources.