“…The literature on family businesses is wide ranging, with no widely accepted definition of family firms (Kontinen & Ojala, ; Schuman, Stutz, & Ward, ; Adams, Manners, Astrachan & Mazzola, ; Pradhan & Ranajee ; Zahra, , ; Kidwell, Hoy & Ibarreche, ; Chua, Chrisman & Sharma, ; Rosenblatt, de Mik, Anderson & Johnson, ; Chrisman, Chua & Sharma, ; Olson, Zuiker, Danes, Stafford, Heck & Duncan, ; Gimeno et al, ). For example, Pradhan and Ranajee () and Kontinen and Ojala () count as a family firm any company in which majority ownership lies within a single family and majority of the family members are, or at some time were, directly or heavily involved in the business.…”