Anglo vs. Asian Family Business: A Cultural Comparison and Analysis

ABSTRACT

This paper compares the family characteristics and work cultures of family businesses in Anglo, Southern Asia, and Confucian Asia cultures. Using the GLO BE classification and findings, the Anglo cluster of nations is distinguished by its strong performance orientation but weak family orientation. The Confucian Asian cluster is characterized by a strong performance and family orientation, and strong institutional collectivism. The Southern Asia cluster is distinguished by a strong family and humane orientation – a hallmark of its deep community orientation. Results indicate differing patterns in terms of the involvement of the family in the family business and other key organizational dimensions, although all three cultures share contextual embeddedness. The two Asian regions are similar only in terms of their high operational resiliency and business longevity, in contrast with the Anglo region, which is more moderate. For academicians, results suggest opportunities for examination of the impact of cultural and contextual differences on the relevance of prevailing theories of family business; for practitioners, results provide insights for global family business practice.

Keywords: Family Business, Culture, Asia, Comparative Analysis