RT Journal Article T1 What is a Family Business? A1 Fernández Roca, Francisco Javier A1 Gutiérrez Hidalgo, Fernando K1 Family Firm K1 History K1 Business AB Defining the concept of family business is an ongoing challenge. The debate around it is here discussed from the point of view of business history and family business theories as developed in the last fifteen years. Historians are interested in reflecting changes in family businesses at different periods and within different societies, and focus their research work on ownership and control within family firms. For their part, family business theorists still understand the concept as a compound or a circular scheme consisting of elements such as business, family and owners or power (governance and management participation), experience (generation in charge) and culture (family and business values). PB Journal of Evolutionary Studies in Business YR 2017 FD 2017 LK https://hdl.handle.net/10433/19893 UL https://hdl.handle.net/10433/19893 LA en NO research project HAR2014-52079-C2-1-P NO Departamento de Economía, Métodos Cuantitativos e Historia Económica DS RIO RD May 22, 2026