Levers of family firms’ resilience in times of crisis

Abstract

Although the academic literature argues that family firms are more resilient than non-family firms, the reasons for this presumed superiority are still not clearly identified. In addition, while family firms are a significant component of the economic landscape, research has evidenced variations in this organizational form such that some family firms seem to be more resilient than others. The following reflection will seek to provide some elements of analysis of the resilience of these companies in times of crisis.