SEARCH RESULTS
Family businesses often behave in unique ways: They forego business opportunities to retain the family’s control over the business, stick to family traditions that are outdated, and prefer family Read More...
Category: Applied and Practice
Authors: Peter Jaskiewicz , Josh Hsueh , Elizabeth Tetzlaff and Giovanna Campopiano
In late May, Tesla Chairman Elon Musk stunned the world by announcing that Tesla employees must return to the office full time or lose their jobs. Moreover, as the leaked Musk email pointed out, Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan and Lars B. Sonderegger
The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful Read More...
Category: Applied and Practice
Author: Claudia Binz Astrachan
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
Second of a two-part series From our studies evaluating the effectiveness of boards at family firms, we’ve seen first-hand how strong boards can help family businesses be more successful. In Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan , Joseph Astrachan and Hermut Kormann
“When owners start talking about their rights rather than their responsibilities, a family business is in trouble“. (Smith Lanier) Introduction Management and organization research and Read More...
Category: Applied and Practice
Authors: Torsten Pieper and Joseph Astrachan
Working in a family firm can be either satisfying or stifling for someone who’s not a relative. Interpersonal relationships can be stronger than they would be in non-family firms, and the work Read More...
Category: Applied and Practice
Authors: Franz Kellermanns , Nicole Gottschalck and Christina Guenther
As family business leaders are forced to deal with COVID-19, Winston Churchill’s advice comes to mind: “Never let a good crisis go to waste.” This suggests that as family firms Read More...
Category: Applied and Practice
Author: Kimberly Eddleston
It's been said that, “Once you have seen one family firm, you have seen just one family firm.” While it’s popular to say that every family firm is unique, as a researcher I take issue with the Read More...
Category: Applied and Practice
Author: Thomas Zellweger
Family businesses have unique strengths and unique problems because they blend two identities -- "family" and "business" -- whose priorities are often at odds. While the family identity nurtures Read More...
Category: Applied and Practice
Authors: Roland Kidwell and Kathryn Kloepfer