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Volume :18 Issue : 3 2011      Add To Cart                                                                    Download

Egyptian Family Business (I): A Field Study of Distinguished Characteristics and Strategic Implications(In Arabic)

Auther : Amr A. Zedan

This study attempts to explore the distinguishing characteristics of an Egyptian family business. A sample of 137 companies was selected from the Egyptian private sector. Nine hypotheses were formed, and a questionnaire was used in data collection pertaining to the variables of the study. Multivariate analysis techniques were used in data analysis. Research design and analysis depended upon the three - circle model of family business developed by Gersick, Davis, Hampton and Lansberg (1997). The results suggested that an Egyptian Family Business may be classified as Traditional Family Business or what is also known as "The Mom & Pop" Family Firms, in western cultures. These companies are long established, usually over several generations. Customarily, they are not caught up in pressure for rapid expansion, but rather anticipate slow and steady growth, usually as a product of their reputation. Growth- often- is from within. While this type of firm derives efficiencies from its low agency costs, its growth and performance may be stymied by family liabilities. A discussion of the results and their implications were presented along with suggestions for further research.

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