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Family Business
(redirected from Family company)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Family Business
A company in which one person or a group of related persons is the controlling shareholder. The term connotes a small business, but some family businesses are large, publicly-traded corporations. In the latter case, family members often serve on the board of directors and may appoint some of their number to major executive positions.


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That bank is controlled by another Saudi family company, the Algosaibi Group.
As a result, many family company cultures are characterized by feelings of pride, security, and continuity, all of which make introducing change an especially delicate leadership endeavor.
It's great to be working for a family company that is so committed to its customers and staff" NFT-01773 523523-the UK's leading provider of time critical logistics solutions within the food retail and manufacturing sectors, has appointed Dale Fiddy as its Sales and Marketing Director.
 
 
 
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