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Decoding the dark sides of family business: a synthesis, and future research agenda

Amitabh Anand (), Attila Wieszt () and Éva Vajda ()
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Amitabh Anand: Excelia Business School, CERIIM
Attila Wieszt: Corvinus University of Budapest
Éva Vajda: Corvinus University of Budapest

Review of Managerial Science, 2025, vol. 19, issue 11, No 9, 3563-3606

Abstract: Abstract Numerous contributions to family business recognize its positive impact on economic and social development. However, literature often overlooks the harmful aspects. To fill this void, we conduct a multidisciplinary systematic literature review to analyze the current state of the different dimensions of the dark sides of family business (FB) literature and synthesize the findings into a holistic framework. Our study employs a qualitative synthesis approach to propose a new unified definition of the dark side of FB, identify the antecedents, and analyze the consequences. Subsequently, we identify areas that require greater attention and outline a promising future agenda for advancing the literature on dark side of FB.

Keywords: Family business; Ethics; Dark side; Family ethics; Unethical family firms; Scandal (search for similar items in EconPapers)
JEL-codes: D1 D2 L2 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s11846-025-00860-7

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