“…As there are numerous criteria to define CF was assumed for this study the definition presented by the Portuguese Family Business Association (APEF), which considers these companies as where the control is held by the family and where some of their members also take part and work (APEF, 2015). In fact, the CF have different own characteristics, that differentiate them from the other companies (Bottino-Antonaccio, 2007;Brêtas et al, 2011;Correia, 2003;Silva et al, 1999;Ussman, 2004), such as the existence of strong trust between the company and workers (Andrade et al, 2013;Borba et al, 2006;Bottino-Antonaccio, 2007), strong affective ties (Borba et al, 2006), family influence (Borba et al, 2006), great family loyalty (Andrade et al, 2013;Borba et al, 2006;Bottino-Antonaccio, 2007;Ussman, 2004), high conflict (Bottino-Antonaccio, 2007;Matos et al, 2007;Paulo, 2009;Ussman, 2004), share capital closed to members outsider the family (Matos et al, 2007;Paulo, 2009;Ussman, 2004), family involvement in the ownership and/or management (Leone, 1992), succession hooked to the hereditary factor (Leone, 1992), identification of family values with those of the organization (Garbeti et al, 2008;Leone, 1992;Paulo, 2009;Ussman, 2004), operating a long term perspective (Bottino-Antonaccio, 2007;Matos et al, 2007;Paulo, 2009;Ussman, 2004), difficulty in implementing professional management (Matos et al, 2007), relationship between the company and its founder (Matos et al, 2007;Paulo, 2009;Ussman, 2004), creation of values and family tra...…”