Table 2

Case overview of each family business

CharacteristicCase 1Case 2Case 3Case 4Case 5Case 6Case 7
Business information
IndustryPetroleum gasFuneral servicesFuneral servicesLaundromatClothingMarketingLogistics
Established1973197419801981198120022005
Form of enterprisePty LtdPty LtdPrivate trustPty LtdPty LtdPty LtdPty Ltd
Number of branches6353216
Employees3381475281510115
Annual turnover (millions in ZAR)55*10***62
Family in business information
Generation ownershipSecondSecondSecondSecondSecondFirstFirst
Generation involved in FBSecond and thirdSecond and thirdSecond and thirdSecond and thirdSecond and thirdFirst and secondFirst and second
Number of active family members4252233
% of family ownership100%100%100%100%100%100%100%
Family CEOYesYesYesYesYesYesYes
Family CEO generationSecondSecondSecondSecondSecondFounderFounder
TMT (apart from CEO)MixedFamilyMixedMixedFamilyFamilyMixed
Note(s):

Pty Ltd = Proprietary limited company; ZAR = South African Rand; TMT = Top Management Team *Not willing to say

Source(s): Authors’ construction

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