The conceptual framework of the family business and its contribution across global economies

Abstract

This article presents the different definitions put forward by theorists and practitioners in the world of family businesses, as well as the place they occupy in the different world economies.

Through this article, we would like to engage researchers with the problems encountered within the family business, while presenting the conceptual framework of the latter and its importance in the different countries.

Thus, we will carry out our article by opting for a positivist posture. a literature review that will lead to an exploratory study would be highlighted; a numerical presentation of the importance of the family business in different countries will confirm this.

Finally, this article will allow us to know that the family business plays a very big role in terms of world economies. However, management researchers need to give it more importance in terms of research work to make sensitization of this importance.