The Family Business and the Law : How Does the Family Law Affect Family Business ?

Céline BARREDY (Université Paris Ouest Nanterre La Défense)
Massimiliano VATIERO (Université de Lugano)
Gianluca COLOMBO (Université de Lugano)

Abstract: The paper aims to introduce the family law as a determinant of the family business population density, longevity and performance. Starting from the different contents on the traditional family law and the liberal family law, we develop a family law index to measure the degree of freedom left to individuals in their legal relation with the members of their family. This index associated to the corporate law determine the family business governance choice and then the family business longevity, performance and population density. The paper makes contributions in the family business field and in the corporate governance field.

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