Family business : International family business and Moroccan family business, between opportunities and challenges

Abstract

One of the principle challenges confronting those investigating privately-owned company is that of characterizing what precisely comprises a privately-owned company while thinking about whether privately-owned companies and non-privately-owned companies are unique or not.

In the area of family companies, not much study has been conducted. Research into family businesses is still at an early point. But in this area, there has been some growth, particularly with the beginning of the 21st century, so family businesses have become stronger and powerful with the ability to maintain a monopoly model in several business types, even if the oldest and most popular model of economic organization stays family business.

There are various main distinctions between family business and non-family business. In the business, however, they share the same aim where businesses have to fulfil the obligations to earn profits. In terms of success, because companies are greater risk takers, family business outperforms non-family business.

This research uses a qualitative method, so we will have the option to detail the results all the more precisely and adequately, as well as easily recognize family-included firms (FIFs) with homogeneous highlights contrasted with the rest of firms with respect to execution, a basic pointer of the company's prosperity.