01612cas a2200241 a 4500 AALejournalIMF007938 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451849158 1018-5941 BD-DhAAL BD-DhAAL Chami, Ralph. What is Different About Family Businesses? / Ralph Chami. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Family businesses make up forty percent of the Fortune 500 companies in the US, generate about two-thirds of the German GDP, employ about one-half of the labor force in Britain, and account for the majority of the private economies in developing countries. This paper develops a theory of family business that brings market forces and the family, as a nonmarket institution, under one rubric. The paper highlights and analyzes important factors, including product market competition, trust, and succession, which allow family businesses to thrive and to successfully compete with other businesses. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2001/070 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/070/001.2001.issue-070-en.xml IMF e-Library