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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Men and Women Cling to Power for Different Reasons
by Nancy Forster-Holt, Jim Davis, and Cassidy Creech / Research Insight

While male leaders often view stepping down as a threat to their identity and accomplishments, female leaders appear to be motivated by other factors.  Read more...

How Family Businesses Can Recruit the Best C-Suite Candidates
by Annika Ehlers, Ryan Rumble, Claudia Binz Astrachan, and Massimo Baù / Research Insight

Family-owned businesses often struggle to compete with non-family firms when it comes to recruitment, and understanding the expectations of job seekers is crucial to attract the best talent. Read more...

The Perks and Pitfalls of Hiring Your Parents
by Kimberly Eddleston / Interviews

Allen Esrock of NxtGen Nexus weights in on how to optimize the free labor and other benefits, and how to manage conflicting goals, sibling resentment, and suspicious non-relatives who work for you. Read more...

Justifiable Pride or Arrogance? It Matters for Family Businesses
by Fabian Bernhard / Research Insight

Bragging about your family connection is universally bad, but even pride in your accomplishments must be displayed carefully -- especially in eastern cultures. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University

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Supported by the Richard M Schulze Family Foundation

Supported by the Richard M Schulze Family Foundation