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Publicly traded family firms may attract all sorts of investors from outside the family. And like other publicly traded firms, they sometimes attract activist hedge funds, whose primary purpose often Read More...
Category: Research Insight
Authors: Matthias G. Leute , Yannick Bammens , Martin Carree and Jolien Huybrechts
Family businesses are unstoppable when they benefit from the wisdom of founders and older leaders and the forward-thinking, innovative outlook of the next generation. But all too often, these Read More...
Category: Interviews
Author: Kimberly Eddleston
The book The Paradox of Choice , written by Barry Schwartz and first published in 2004, posits that people, in general, suffer a loss of happiness because we have too much choice in everything we Read More...
Category: Practice Insight
Author: Doug Baumoel
A family firm's longevity depends on fresh approaches to doing business, but all too often these fresh insights can clash with the family's entrenched way of doing things. Founders especially Read More...
Category: Interviews
Author: Kimberly Eddleston
It is your worst nightmare. You’ve passed away, and now your adult children no longer speak to each other. Circumstances around your death have destroyed the family you spent your life building, Read More...
Category: Features
Author: Patrick O'Brien
Should families talk about their business during mealtime? On the one hand, some argue that mealtime should be about the family, with time being devoted to building family bonds and personal Read More...
Category: Research Insight
Author: Kimberly Eddleston
The founders of many longstanding family businesses likely had parents who insisted on responsibility and let them learn from their mistakes. This is not so today -- the era of helicopter Read More...
Category: Commentary
Author: Kimberly Eddleston
Family businesses, and the wealth they create, are run by human beings, who can be impulsive. When the wealth is substantial, often an impartial third party is the best choice to manage this wealth Read More...
Category: Interviews
Author: Kimberly Eddleston
HBO The HBO hit series "Succession" -- detailing the family business conflict, backstabbing, jealousy and double-dealing at the fictitious family-run media empire Waystar Royco --has won several Read More...
Category: Interviews
Author: Kimberly Eddleston
We yet have to meet a business family that does not want their family members to be competent and engaged owners and stewards. Everyone agrees that having owners who understand finance and strategy, Read More...
Category: Applied and Practice
Authors: Tom Rüsen , Claudia Binz Astrachan and Ruth Orenstrat