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Journal of Business and Management Sciences. 2017, 5(4), 129-138
DOI: 10.12691/JBMS-5-4-4
Original Research

Impact of Family Business on Economic Development: A Study of Spain’s Family-owned Supermarkets

Md. Habibur Rahman1, , Ramón Sanguino Galván2, and Ascensión Barroso Martínez2

1Department of Business Administration, BGMEA University of Fashion & Technology, Dhaka, Bangladesh

2Department of Business Management and Sociology, University of Extremadura, Badajoz, Spain

Pub. Date: December 21, 2017
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Cite this paper

Md. Habibur Rahman, Ramón Sanguino Galván and Ascensión Barroso Martínez. Impact of Family Business on Economic Development: A Study of Spain’s Family-owned Supermarkets. Journal of Business and Management Sciences. 2017; 5(4):129-138. doi: 10.12691/JBMS-5-4-4

Abstract

Family-owned businesses are the backbone of many economies around the world. This research aims at exploring the overall contribution of the family-owned supermarkets to the economic development of Spain. The secondary data has been used throughout this research paper to meet this objective. For this reason, we systematically examine previous research on these topics of family business. The findings show that there is a significant contribution of family-owned supermarkets to the economic development of Spain. Additionally, we identify future research areas that provide scholars opportunities to push theoretical boundaries and offer further insights into the family business.

Keywords

family business, family-owned supermarkets, economic development

Copyright

Creative CommonsThis work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

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