Litz, Rezinald A
The family business
towards definitional clarity / Litz, Rezinald A.
- 1995
- 71 - 81
There is considerable definitional confusion concerning the term family business. This chapter addresses this issue through two complementary approaches: a structure-based approach, which considers family involvement infirm ownership and management, and an intention-based approach, which focuses on the realized and unrealized value preferences of the organization's upper echelons.