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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 Read More...

Category: Research Insight

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

Keep the Founder's Entrepreneurial Spirit Alive in Future Generations

Most significant wealth is created through entrepreneurship, and in many countries family business plays Read More...

Category: Applied and Practice

Author: David Werdiger

Punishment, Reward, Control: How Money Shows Up in the Business Family

such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan and Anneleen Michiels

Family Business Succession, Innovation, and Compensation: What You Need to Know

This is where the right leadership and management can make a difference. Read More...

Category: Commentary

Authors: Mat Hughes and R. Adam Smith

Good Intentions Can Sow Dysfunction at Family Businesses

People wear many hats at family businesses: owners, managers, and family members. Read More...

Category: Commentary

Authors: Kimberly Eddleston and Sara Stern

Single Family Offices as Owners: Long-Term Investors or Financial Optimizers?

When a family firm reaches a certain size, the family may decide to transfer their wealth and their ownership Read More...

Category: Research Insight

Authors: Joern Block , Reza Fathollahi and Onur Eroglu

Growing Pains: Helping a Family Office to Evolve

A Single Family Office (SFO) is an entity that manages the investments, wealth, and often the personal Read More...

Category: Education and Teaching

Authors: Torsten Pieper and Claudia Binz Astrachan

Why Do We Treat Strangers Better Than Family Members?

with Ruschelle Khanna, a family business advisor and author of the book "Inherited Trauma and Family Wealth Read More...

Category: Interviews

Author: Kimberly Eddleston

Self-Interest Can Skew Budgets at Family Businesses

Expectation-based budgeting has as its main goal managing the expectations of those who might judge us Read More...

Category: Practice Insight

Author: Joseph Astrachan

Let's Get Professional: Family Firms Need HRM Practices

Formal practices have been shown to have a positive effect on human resource management effectiveness Read More...

Category: Education and Teaching

Authors: Kimberly Eddleston and Roland Kidwell