Culture in Family-Owned Enterprises: Recognizing and Leveraging Unique Strengths

The authors' belief in the innate value and uniqueness of family business culture created a project whose goal was to critically examine family business culture and performance relative to nonfamily firms, which was done using the Denison Organizational Culture Survey, a cultural assessment tool that has linked corporate culture to financial performance. The results showed that the corporate cultures of family enterprises were more positive than the culture of firms without a family affiliation.