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Dark side of the family business: an exploratory perspective

Autor/es Anáhuac
Argentina Soto-Maciel
Año de publicación
2021
Journal o Editorial
Journal of Family Business Management

Abstract

Purpose
The paper aims to relate the potential elements identified as the dark side of the family business (DSFB), where these elements can be productive or destructive. The “dark side” comprises an important contribution for entrepreneurship and family business (FB) studies, a novel perspective.

Design/methodology/approach
The relevant literature on entrepreneurship and FB was selected and analyzed according to the “dark side” framework.

Findings
The results suggest that many perspectives remain for research, starting with a clarification and a more precise definition, not only of the construct itself but also of the factors or forces that drive this dark side, from the entrepreneur/founder, the FB itself and the context. This approach considers a systemic position in which the context plays a significant and decisive role.

Practical implications
The paper has implications for the development of public policies. Business incubation entities, federal, state and local entrepreneurship/small- and medium-sized enterprise (SME) programs, educational institutions and entrepreneurial families and their founders can become more aware and establish courses of action.

Originality/value
This paper makes a call to propose an initial point for conceptualizing the logic behind the DSFB for obtaining a deeper understanding with regard to future research. Researchers are encouraged to test the conceptual model further.