Sustainability of family business entrepreneurships in the Middle East

Abstract

The sustainability of family businesses with their integral component of entrepreneurial venturing are the result of decades of developmental processes. The role that these family businesses play in any economy can only be described as massive. Therefore, understanding the factors that affect or play a role in the success and continuity of these firms is important, and assessing the level and role of corporate governance in this perspective remains a challenge. The interplay of systems, leadership, accountability, transparency and remuneration, is proving to play a role in family business sustainability.