Learn English – A particular company “run by the same family”

word-meaning

When an author says that a particular company is "run by the same family", what does that mean?

How far can the meaning of the phrase "same family" cover? In other words, who can be considered a member of the "same family" in the context of running a particular business?

Do members have to bear the same last name? I don't think so. For example, in some cultures women change titles.

What about cousins from aunts who don't bear the same last name, are they considered a family (the same family)?

This question is important to me: If the business is run by a son-in-law, can we say the company is still run by the "same family"? This son-in-law may or may not own any shares in the company; he is only the president of the company.

I'm asking the questions above to show you the factors I have been thinking about when answering this question.

The second key question is: when we say that a business is run by the same family, is the meaning about ownership or both, ownership and holding the office (I mean being the president of the company)?

I think this question is still general English, but if not, you may want to move it to the appropriate SE group.

Edit:
I am asking because there is a (right, wrong or does not say) question about the history of Nintendo and is literally as follows:"Nintendo has always been run by the same family". Family run and family owned are well-known collocations. However, the question is not about collocations but rather about comprehension. To answer the question correctly, I need to know who is considered a member of the same family. The article is 175-200 words long.

Edit 2:
What's relevant here is these two names:

  • Nintendo was founded by Fusajiro Yamauchi in Kyoto in 1889.
  • The current Nintendo president is Satoru Iwata.

The answer:
I think I got it. If the business is run by the family, the least it could mean is that the members have the majority stake. Since they cannot all be presidents at the same time, then running the business means simply have the decision over the company by the majority stake.
However, the article does not mention anything about the stakes, so the answer is "does not say". This is my analysis.

Best Answer

As noted by commenters, this may depend on the culture; but my own opinion is that it can cover even fairly distant relations, provided that the family relationship is the reason for the continuity. So, if operation is transferred from father to son-in-law, and then to son-in-law's younger brother, then to that younger brother's granddaughter, and then to that granddaughter's cousin, and so on, then it's still been "run by the same family", even though at this point the original manager and the current manager are essentially unrelated. On the other hand, if the enterprise is put up for auction, and the second cousin of the current owner-and-operator happens to place the winning bid, I'm not so sure that I would count that. (But "the same family" is sufficiently vague that the new owner could probably get away with making the claim.)

Related Topic