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Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read More...
Category: Applied and Practice
Authors: Jonas Ruzek and Kimberly Eddleston
With Bill and Melinda Gates’ divorce making headlines across the globe, many are wondering how the split will affect their joint business dealings — especially the Gates Foundation, which they Read More...
Category: Applied and Practice
Authors: Kimberly Eddleston and Jonas Ruzek
There is no one-size-fits-all approach to family business succession planning. Every situation is different and every family is uniquely complex. However, some principles appear to transcend culture Read More...
Category: Applied and Practice
Authors: Tom Rüsen , Torsten Groth and Arist von Schlippe
By Shital Jayantilal, Silvia Ferreira Jorge and Tomas M. Banegil Palacios Family businesses are especially conflict-prone, since sibling rivalry and other emotional undercurrents sometimes cloud Read More...
Category: Research Insight
Authors: Shital Jayantilal , Sílvia Jorge and Tomas M. Bañegil Palacios
In this interview, Joseph Astrachan – one of the world’s most well-versed experts on dealing with issues pertaining to business families – shares his thoughts on family dynamics and family Read More...
Category: Commentary
Authors: Joseph Astrachan and Claudia Binz Astrachan
Only about a third of family businesses make it to a second generation beyond the founder. Conventional wisdom says that these firms falter because the owners didn’t have a succession Read More...
Category: Theory and Research
Authors: James Hoffman , Ritch Sorenson and Keith Brigham
What's in a name? For many family-run businesses, the business name and family name are the same, linking the reputations of the two, for better or worse. New family business owners often grapple Read More...
Category: Applied and Practice
Author: Sharon Belenzon
Succession is one of the biggest challenges a family business can face. Many business owners and families assume that family business succession planning will be difficult, risky and conflict-prone, Read More...
Category: Applied and Practice
Author: Claudia Binz Astrachan
Nothing succeeds like success, the saying goes. But for family businesses, it’s smart family business succession planning that can be the key to sustaining the company in the future and keeping it Read More...
Category: Features
Author: Richard Eisenberg
Hiring, training, appraising and compensating the right people in the right way is a crucial element to the success of any organization. It is commonly assumed that many growing family firms are not Read More...
Category: Education and Teaching
Authors: Kimberly Eddleston and Roland Kidwell