The theory, research, and practice of family business have evolved significantly over the last quarter of a century. The field has experienced significant transformations; however, scholars are still debating what makes family businesses unique and distinct from nonfamily businesses. Three...

This article focuses on the construct of human capital in family businesses. It makes three key contributions. First, it furthers our understanding of human capital in family businesses by identifying the underlying dimensions of human capital, involving not only knowledge, skills and abilities...

This study examines decision making criteria that are employed by private equity (PE) investors selecting family firms. Hypotheses test the likelihood of investment based on family firm characteristics. Findings show that PE professionals take into account family-specific criteria, including...