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1 results

  • The Family Business in Iran since the Islamic Revolution as a Mode of Coordination

  • Thierry Coville
  • Journal:
    Iranian Studies / Volume 53 / Issue 5-6 / December 2020
    Published online by Cambridge University Press:
    12 January 2022, pp. 925-946
    Print publication:
    December 2020

  • There has been very little research on family businesses (FBs) in Iran. Taking an institutional point of view, this article, based on a survey conducted in Iran, demonstrates that since the 1979 revolution FBs in Iran have been key intermediaries between political pressure from the top and societal trends from below. FBs in Iran since the revolution can be considered as a perfect mode of coordination reflecting “capitalism from below.” Based on unconditional support among the family members, they are perfectly adapted to the low-trust environment in Iran since the revolution. As a mode of coordination, the family business was also essential in protecting the modernization of Iranian society in promoting the role of women and the value of competency. It was also a mode of coordination which enabled FBs to protect their property rights which were threatened by a predatory state.