Managing Emotional Minefields Within Family Businesses

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

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

Women Show Their Strengths When Family Businesses are in Trouble 

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

How the Right Mix of Employee Incentives Fosters Innovation

Many people assume that when a family business honors its past, it can’t focus on the future. But our research has found that having the right incentives in place encourages employees at family Read More...

Category: Research Insight

Authors: Elisa Villani , Christian Linder , Alfredo De Massis and Kimberly Eddleston

Will Your In-Laws Help or Hurt Your Family Business?

We’ve seen the remarkable impact of in-laws on famous family businesses, for better or worse. Examples include the infamous Gucci family feud between Maurizio Gucci and his wife Patrizia Reggiani, Read More...

Category: Research Insight

Authors: Marco Mismetti , Emanuela Rondi and Cristina Bettinelli

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

Do Family Meals Fuel Entrepreneurship in Family Businesses?

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

From Solo to Team: Helping Siblings Maintain Your Valuable Outside Relationships

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

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

How Family Firms Can Ensure Being Sustainable Pays Off

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