The Development of Organization Structure in the Family Firm

Abstract

Where the family does play an important part in business it is often a reflection of the economic immaturity of the population, the absence of a tradition of impersonal service in industry and the vulnerability of employees who have no kinship ties to the firm.¹

—United Nations

There has always been, and there will always be, a place for smaller companies and for the family business.²

—Sir Frederick Catherwood