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To further contribute to the existing literature on family businesses, this research study investigates the link between family businesses and their resilience levels. Existing research on this topic is investigated and further supported by several short interviews conducted with executives from family ran and owned companies. Based on the research a framework was developed to portray this relation. Consequently, to test the relevance of the framework it has been applied to Duvel-Moortgat, a fully family-owned Belgian brewery. The developed framework ultimately contributes to the understanding of why family businesses have higher levels of resilience.
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Family business Risk aversion Resilience Long term strategy Duvel-moortgat
