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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Recent
A Family Illness Can Infect the Business, Too
by Kristen Shanine, Kristen Madison, and Marilyn Whitman / Research Insight

Serious health problems can disrupt leadership, finances, customer relationships, and more. New research shows how family firms can prevent  illness from becoming a business crisis. Read more...

Why PE Firms Want to Buy Your Family Firm (and Change it)
by Sören Paleit, Frederik J. Riar, Marcel Hülsbeck, and Andreas Hack / Research Insight

Family businesses are often viewed as ripe for operational improvement, making them especially attractive to private equity investors seeking value creation. Read more...

Give Future Leaders Exposure to Critical Roles
by Kimberly Eddleston / Interviews

A job rotation program gives next-gens both hands-on experience and a working knowledge of different departments and important outside relationships. Read more...

New Family Business CEOs Must Claim the Seat, Not Just Inherit the Title
by Dr. Benjamin Ritter / Practice Insight

When a successor becomes CEO, the title may change overnight — but authority, identity and trust do not. Next-generation leaders must act like the CEO before they feel like one. Read more...

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Editorial offices located at St Thomas University

Editorial offices located at St Thomas University