Family Business Review XX(X) 1 –19 © The Author(s) 2012 Reprints and permission: sagepub.com/journalsPermissions.nav

Abstract

What determines the performance level of family busi-nesses? Research in family business has examined this at a very high level simply by trying to determine if fam-ily businesses have a performance advantage over non-family businesses. Several studies suggest that family firms have a performance advantage over nonfamil

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