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When a family firm reaches a certain size, the family may decide to transfer their wealth and their ownership into a family office. These offices help business families manage their wealth across Read More...
Category: Research Insight
Authors: Joern Block , Reza Fathollahi and Onur Eroglu
Adam looked at the customer standing at the counter in the wine cellar in disbelief. He couldn’t believe what he was hearing. He found the customer’s comments to be slightly rude. Adam felt anger Read More...
Category: Research Insight
Authors: Dr. Ayoosha Saleem , Francesco Barbera , Simon de Jong and Arvid Hoffmann
Every business strives to recruit and hire the best employees and to retain them over time. Creating and nurturing a workplace environment that contributes to productivity and helps the firm achieve Read More...
Category: Research Insight
Authors: Josep Llach , Valeriano Sanchez-Famoso and Dr. Sharon M. Danes
Many business owners do not like to think about succession – it means confronting their own mortality – but at some point, every family business must deal with succession planning (Ahrens, 2020). Read More...
Category: Research Insight
Authors: Jan-Philipp Ahrens , Melania Riefolo , Annegret Hauer and Katharina Siegert
Around the world, women have always been part of family businesses. However, little is known about how they affect the continuity of family firms in certain areas of the world, especially patriarchal Read More...
Category: Research Insight
Authors: Allan Discua Cruz , Eleanor Hamilton , Giovanna Campopiano and Sarah Jack
A family business founder or leader often toils for years to cultivate good relationships with people, organizations, and businesses outside the family, including banks, suppliers, customers, and the Read More...
Category: Research Insight
Authors: Luis Cisneros , Bérangère Deschamps and Sebastien Geindre
One of the greatest challenges today for any firm is to operate a sustainable business model. Besides helping to address climate change, such a model can help improve firm performance. When a firm is Read More...
Category: Research Insight
Authors: Adrian Stutz , Sabrina Schell and Andreas Hack
One of the key concerns for family businesses is continuity. Unlike non-family firms, many family businesses display a longevity that may span over centuries. In order to survive such long periods, Read More...
Category: Research Insight
Authors: Wojciech Czakon , Monika Hajdas and Joanna Radomska
Words like “non-active” or “passive” are misnomers for family business members that work elsewhere. On the contrary, these “satellite” family members are quite active and beneficial to Read More...
Category: Research Insight
Author: Mat Hughes
For years, corporate governance scholars and activists have assumed that cash-rich companies are less vigorous about using resources, leading to the loss of shareholder value. In line with this view, Read More...
Category: Research Insight
Authors: Yuliya Ponomareva , Domenico Cambrea , Daniel Pittino and Alessandro Minichilli