Understanding Moroccan family firms

The article discusses the role of family businesses in the Moroccan economy, where theyconstitute about 93% of all companies, account for over 60% of national value added, andprovide around 65% of employment opportunities. The text highlights the importance ofthese companies in achieving social stability and emphasizes their role in small andmedium-sized cities. It also raises the challenges related to generational succession andcontinuity, as well as issues of monopolizing certain sectors and the concentration ofwealth within owning families. Additionally, it underscores the need to improve corporategovernance in family businesses and to strengthen support for small enterprises to ensureeconomic and social sustainability.

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