Authors: Wafica Ghoul, Bernard Abou-Jaoude
Addresses: Lebanese International University (LIU), School of Business Administration, PO Box 146404 Mazraa, Beirut, Lebanon. ' USEK University, Jounieh, Lebanon
Abstract: This paper discusses the current spread of |political dynasties|, the tactics used to perpetuate them, and their impact on the business environment. Political dynasties are a form of |camouflaged royalty|; they dominate the political arena and usually have dire effects on people|s right to a fair representation, in addition to negatively impacting business formation through unfair competition. Leadership as a family affair is analysed by using several examples from the West and the Middle East, with a special focus on Lebanon. Recommendations are made for reducing the dominance of political dynasties.
Keywords: inherited leadership; political dynasties; nepotism; Lebanon; business environment; business formation; unfair competition.
International Journal of Business and Globalisation, 2010 Vol.5 No.4, pp.451 - 474
Published online: 30 Sep 2010 *Full-text access for editors Access for subscribers Purchase this article Comment on this article