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A Family's Non-Financial Values Shape Its Sustainability Strategy

Family businesses often have not only financial wealth but also nonfinancial values that make them different from nonfamily companies. For instance, the family’s significant control over ownership, Read More...

Category: Research Insight

Authors: Josh Hsueh , Alfredo De Massis and Luis Gomez-Mejia

Family Firms May Need More Legal Advice Than They Think

Family business owners often depend on legal advice to control ownership changes and uphold a functional balance between owners. This legal advice on ownership issues spans both family law and Read More...

Category: Research Insight

Authors: Kajsa Haag , Hanna Almlöf , Marina Madsen and Mette Neville

Perceptions of Family Firms Vary by Country: Why This Matters

Research shows that family businesses enjoy numerous reputational benefits in their relationships with stakeholders ( Astrachan , 2021). Customers usually believe they provide better quality; Read More...

Category: Research Insight

Authors: Philipp Jaufenthaler , Oliver Koll , Reinhard Prügl and Maximilian Lude

When the Family Leaves the Business, Can Their Values Remain?

We already know that family firms differ from non-family firms by their powerful commitment to core values that subordinate profit to other goals. While non-family companies use rationality and Read More...

Category: Research Insight

Authors: Roy Suddaby , Wilson Ng , Natalia Vershinina , Gideon Markman and Matthew Cadbury

How to Build a Family Business Portfolio: Your Location Matters

We have always been deeply interested in the topic of why and how business families build up a portfolio of businesses, and how they manage this portfolio successfully in the long run. From many Read More...

Category: Research Insight

Authors: Philipp Sieger , Naveed Akhter and Francesco Chirico

What If a Hedge Fund Invests in my Family Business?

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

FamilyBusiness.org Forges Alliance With Family Business Review

FamilyBusiness.org and Family Business Review have formed an alliance to offer family enterprises around the world research-tested advice on how to build, manage and sustain vibrant businesses.  Read More...

Category: Research Insight

Authors: Kimberly Eddleston and Mat Hughes

How Famous Family Firms Use Their History to Connect With Stakeholders

Tangible items like postcards, photos, old accounting books, or logos and images from brand and advertising campaigns are more than just mementos of a family business’s past. They create the family Read More...

Category: Research Insight

Authors: Luca Manelli , Vittoria Magrelli , Josip Kotlar , Federico Frattini and Antonio Messeni Petruzzelli

To Survive a Crisis, Re-Think Your Family’s Ties

As global crises are becoming increasingly frequent and unpredictable, family ties and family relationships—or what are collectively called “family social capital”—become critical for the Read More...

Category: Research Insight

Authors: Elias Hadjielias , Louise Scholes and Mat Hughes

Over My Dead Body: The Unseen Influence of Wives on Succession

Around the world, women have risen to the upper echelons of family businesses. But among women who are wives of the family business leader, even those involved in the business themselves, attitudes Read More...

Category: Research Insight

Authors: Barbara Cosson and Michael Gilding