Family firms have become a topic of the utmost interest for academic researchers and policy makers. Researchers have started to investigate the distinctiveness of family firms, their functioning, and efficiency outcomes. Policy makers have been reacting to the problems of economic development arising from the domination of family-owned and family-controlled firms in many economies. This book provides an analytical study of control, ownership, and succession in family firms. The book's contributors are scholars from the US, Germany, Italy, France, Switzerland, Bulgaria, Poland, and Nigeria.