Family Ties and Tensions : Understanding Conflicts in Family-Owned Businesses

family business

This article investigates the conflicts of interest inherent in family-owned businesses, with a particular focus on their implications for governance and performance. Through semi-structured interviews conducted within 17 leaders of family businesses in Morocco, the study identifies three primary types of conflict: tensions between family and non-family members, differing generational objectives, and challenges associated with succession planning. These conflicts are often exacerbated by emotional bonds and the absence of formal governance structures, which complicates resolution efforts. The findings highlight the unique nature of conflicts within family businesses compared to non-family firms, emphasizing the necessity for tailored management strategies. This research enhances the understanding of family business dynamics and lays the groundwork for future inquiries into unresolved issues related to conflicts of interest within these enterprises.

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