1st Edition

Global Family Capitalism A Business History Perspective

Edited By Paloma Fernández Pérez Copyright 2025
    350 Pages 9 B/W Illustrations
    by Routledge

    Emphasizing the diversity of regional and national models, this book explores the history of transformation of family businesses around the world during the twentieth and early twenty-first centuries.

    Expert contributors explore place-based family capitalism and the local embeddedness of family businesses, looking at how and why this family capitalism was transformed during the globalization and de-globalization periods in the last century. It explores the variation in the adaptations and transformation undertaken by family businesses in response to changes in technology, globalization, ideology, and institutions, as well as world wars, pandemics and economic crises. The book also evaluates the relationship between changes in the internal organization and strategies of family businesses with external forces such as the political ideologies, changing ideas about the very nature of what constitutes a family, and changes in how the State has perceived families and family businesses in the world. The book also shows that despite all profound transformations in family capitalism, these businesses have remained resilient entrepreneurial forces and strong creators of wealth and employment.

    This book will be of great interest to readers in business and economic history, family business and entrepreneurship.

    Introduction.Family Business History: A Bibliometric Approach (1949-2023)

    Teresa Mateo, José M. Ortiz-Villajos and Paloma Fernández Pérez

     

    PART ONE. Family Business History in Europe and the United States

     

    Chapter 1. Family Capitalism in Comparative Perspective: Germany and the USA 

    Hartmut Berghoff and Ingo Köhler

     

    Chapter 2.  French Family Firms Since the End of World War II: From Difficult Survival to New Specialties and a Potential of Dynamics

    Patrick Fridenson

     

    Chapter 3. Exploring the Importance of Place in Family Businesses: Evidence from the UK 

    Niall G. MacKenzie and Nicholas D. Wong

     

    Chapter 4. Family Firms in the Netherlands: Outdated and Secretive, or Resilient and Sustainable? 

    Ewout J. Hasken and Keetie Sluyterman

     

    Chapter 5. Large Family Businesses: The Nordic Case  

    Hans Sjögren

     

    Chapter 6. Families, Firms and Growth: Paradoxes of Italian Capitalism

    Andrea Colli

     

    Chapter 7. Family Businesses in Modern Spain, 1939-2023

    Paloma Fernández Pérez and Juan Francisco Corona

     

    Chapter 8. Greek Family Business of the Tertiary Sector, 19th-20th Centuries: Shipping and Tourism 

    Gelina Harlaftis and Aimilia Vlani

     

    PART TWO. Family Business History in Asia

     

    Chapter 9. Historical Dynamics of the Family System and Family Business in Japan  

    Hideaki Sato and Takafumi Kurosawa

     

    Chapter 10. Family Capitalism in South Korea: Realities and Limitations

    Dominique Barjot

     

    Chapter 11. The Changing Nature of Chinese Family Firms and the Enduring Character of Chinese Business Families

    Carles Brasó Broggi and Yuan Jia-Zheng

     

    Chapter 12. Family Businesses in India: History and the Future

    Tirthankar Roy

     

    PART THREE. Family Business History in Latin America

     

    Chapter 13. Entrepreneurship and Survival: Narratives and Voices of Argentinean Large Family Businesses

    Andrea Lluch

     

    Chapter 14. Family Business Groups in Central America: From Local Markets to the Internationalization, 1980-2020  

    Javier Vidal, Lissette Canales and Candelaria Saiz

     

    Chapter 15. Large Family Business in Mexico: Legacy and Longevity

    Araceli Almaraz Alvarado

     

    Chapter 16. Colombian Family Capitalism in the Twentieth Century: Business Heterogeneity, Strategic Behavior, and Growth 

    Beatriz Rodríguez-Satizábal and Julio César Zuloaga

     

    Chapter 17. From a Large Family Business to a Heterogeneous Business Structure: Business Family and the State in Peru, 1890-2020

    Martin Monsalve Zanatti

     

    PART FOUR. Family Business History in Africa

     

    Chapter 18. For Family and Country: Enduring Entrepreneurial Family Firms in South Africa in the Twentieth Century

    Grietjie Verhoef

     

    Chapter 19. A Historical Perspective of North African, Levantine, and Gulf Family Businesses in the 20th Century

    Israa Mahgoub, Martin Klimke, Farida El Agamy and Shereen El Agamy

    Biography

    Paloma Fernández Pérez is Professor of Economic and Business History at the Universitat de Barcelona, Spain.