family business advice

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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

How to Defuse and Recover From Family Business Conflict

  The emotional conflicts that beset family businesses can be difficult to weather. Heidi Vermeer-Quist, a clinical psychologist, family business consultant, and third-generation shareholder of Read More...

Category: Interviews

Author: Kimberly Eddleston

Better Let Your Brother Do It: Men Are Still Preferred in CEO Successions

Many business owners do not like to think about succession – it means confronting their own mortality – but at some point, every family business must deal with succession planning (Ahrens, 2020). Read More...

Category: Research Insight

Authors: Jan-Philipp Ahrens , Melania Riefolo , Annegret Hauer and Katharina Siegert

Unforeseen Crisis Made These Family Businesses Stronger

Pandemics, wars, and natural disasters can have a significant impact on the economy and its organizations.  Such events are called “exogenous shocks” because they come without warning from Read More...

Category: Research Insight

Authors: Rebecca Alguera Kleine , Bingbing Ge and Alfredo De Massis

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

Succession, Money, and Relationships Were Top-10 Topics in 2023

FamilyBusiness.org aspires to be the #1 peer-reviewed resource for thought leadership in family business for owners and leaders, students, and professors. To achieve this goal, we are building a Read More...

Category: Commentary

Authors: Mat Hughes and Kimberly Eddleston

Family Business Patriarchs and Matriarchs: When Is It Time to Move On?

  Successfully handing over a family business to the next generation of leaders requires both careful planning and exquisite timing. The next generation must be competent enough for leadership Read More...

Category: Interviews

Author: Kimberly Eddleston

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

In popular culture, the portrayal of family businesses in movies and TV shows, such as Ridley Scott’s "House of Gucci" or HBO’s "Succession," often revolves around the pursuit of wealth and the Read More...

Category: Applied and Practice

Authors: Claudia Binz Astrachan and Anneleen Michiels

An Innovation Challenge Can Help Employees Feel More Connected

  PD Instore , which designs and builds product displays that help companies create a great customer experience, found an innovative way to help its employees feel more connected with one Read More...

Category: Interviews

Author: Kimberly Eddleston