Journal of Business and Management Sciences
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Journal of Business and Management Sciences. 2017, 5(4), 129-138
DOI: 10.12691/jbms-5-4-4
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Impact of Family Business on Economic Development: A Study of Spain’s Family-owned Supermarkets

Md. Habibur Rahman1, , Ramón Sanguino Galván2, and Ascensión Barroso Martínez2

1Department of Business Administration, BGMEA University of Fashion & Technology, Dhaka, Bangladesh

2Department of Business Management and Sociology, University of Extremadura, Badajoz, Spain

Pub. Date: December 21, 2017

Cite this paper:
Md. Habibur Rahman, Ramón Sanguino Galván and Ascensión Barroso Martínez. Impact of Family Business on Economic Development: A Study of Spain’s Family-owned Supermarkets. Journal of Business and Management Sciences. 2017; 5(4):129-138. doi: 10.12691/jbms-5-4-4


Family-owned businesses are the backbone of many economies around the world. This research aims at exploring the overall contribution of the family-owned supermarkets to the economic development of Spain. The secondary data has been used throughout this research paper to meet this objective. For this reason, we systematically examine previous research on these topics of family business. The findings show that there is a significant contribution of family-owned supermarkets to the economic development of Spain. Additionally, we identify future research areas that provide scholars opportunities to push theoretical boundaries and offer further insights into the family business.

family business family-owned supermarkets economic development

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