Our Latest Articles

September 16, 2024 - Issue #126

How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms? How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms? Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril.
How Business Families Can Invest for Social Impact How Business Families Can Invest for Social Impact Business families have many ways to combine financial returns with philanthropy. The choice depends on their values, long-term goals and other factors.
Should Former Leaders Stay Involved in the Family Firm? Should Former Leaders Stay Involved in the Family Firm? The successor's readiness for the top role, and the firm's age and experience with previous successions, are main factors to consider.
With Women Directors, Strategy Disclosure Decreases Cost of Capital at Family Businesses With Women Directors, Strategy Disclosure Decreases Cost of Capital at Family Businesses Family firms face higher borrowing costs than non-family firms if they disclose strategic information, but having women on their boards helps them narrow the gap.
Storytelling Vividly Illustrates Your Family Business Values Storytelling Vividly Illustrates Your Family Business Values Passing on stories among family members from one generation to the next is one powerful way values can be passed through multiple generations without being reduced to meaningless words.
Family Firms Are Like Jenga
Renewing the Empire:  A Family Firm's Succession and Refit Journey Renewing the Empire: A Family Firm's Succession and Refit Journey Next-gen leaders often have a clearer view of how the family business must change. The challenge is to preserve the culture and values while making change happen.
Academy of Management Honors FamilyBusiness.org Editor Kimberly Eddleston Academy of Management Honors FamilyBusiness.org Editor Kimberly Eddleston The award recognizes her role in launching and growing the world's leading website for supporting and educating family businesses.
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Family Offices Are Booming—But Do They Actually Work?
by Patrik Hayoz, PhD, Bingbing Ge, and Alfredo De Massis / Research Insight

Research still can’t clearly explain when they deliver real value. A review shows what we know, what we don’t, and how families can close the needs-to-services gap. Read more...

What Nonfamily Managers Need From Family Firm Leaders
by Mat Hughes, Alfredo De Massis, Sascha Kraus, Qilin Hu, and Yi-Ying Chang / Research Insight

Vision matters—but so does individualized consideration. This study shows nonfamily managers perform better when CEOs pair transformational leadership with genuine, personalized attention and political skill. Read more...

How Families Can Re-Engage Reluctant Successors Without Pressure
by John Cater, Roland Kidwell, Megan Harper, and Marilyn Young / Research Insight

Successors recommit when roles align with their values, skills, and life stage—and when family dynamics allow earlier experiences to be reinterpreted. Read more...

How Families Shape Successor Motivation—and the Firm’s Long-Term Direction
by Alexandra Dawson / Research Insight

Family firms don’t have goals—people do. The rise and fall of Italy's Florio dynasty shows how successor motivation shapes the balance between growth, legacy, and community—and how families can build more durable, values-led leadership. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Things to Consider When Transferring Family Business Ownership
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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation