The second edition of the Handbook of Research on Family Business extends Poutziouris et al. (2006) by delivering a series of contemporary scholarly conceptual and empirical research papers that advance our critical thinking and identify recent advances in the field. A considerable amount of water has passed under the bridge since Craig Aronoff’s (1988) article on the megatrends in family business almost a quarter of century ago. Since this time, the family business glacier has not only responded to climatic changes, but is now attracting researchers identified with other disciplines including sociology, anthropology, psychology, economics, finance, law, management, strategy, marketing and accounting, inter alia. Researchers are gaining a heightened appreciation of family business, challenging and contributing to our collective wisdom. As a result, the field is charting new waters and terrains.
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