The aim of this paper is to delimit the concept of family business and based on it to provide a profile of large and medium-sized family businesses in Spain. We will analyze their distinctive characteristics by comparing them to non-family businesses and focus on the study of a series of economic-financial variables in order to identify their key success factors as compared to non-family businesses of the same sizes and in the same geographical areas. The paper also includes a comparative study of Spanish and European family businesses
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