Gender and entrepreneurial family business: decision-making, agency and empowerment.

As the most prominent form of business organisation, the family business has intertwining priorities related to the family, business and the firm. Due to the involvement of family members in the business, the family is usually set as a core of the business and influences major decision-making processes. As a result, family firms possess non-economic goals and financial objectives. Family firms contribute significantly to the world economy with providing jobs, quality products and excellent services supporting their business longevity. Research on family business has grown exponentially in the last ten years, with a strong focus on firm-level behaviour and family dynamics. Empirical works have shown that family firms are better than non-family firms in several areas, such as financial performance, business resilience, and sustainability. We continue to see a burgeoning work examining the antecedents and impacts of family business performance, decision-making process, family dynamics and successions. The main theoretical perspectives include resource-based theory, stewardship theory, agency theory and the popular home-grown theory of socioemotional wealth