Running a family business tips
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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
If you watch television or read the business pages, you already know that little or no succession planning at family businesses can lead to devastating consequences: back-stabbing, lawsuits, Read More...
Category: Commentary
Authors: Kimberly Eddleston and Mat Hughes
For all kinds of companies including family businesses, a charismatic founder or leader can bring profound benefits, especially if he or she is well-liked. It can boost sales and make it easier to Read More...
Category: Commentary
Author: Kimberly Eddleston
FamilyBusiness.org aims to provide family business owners and leaders advice that helps them be more successful. One important source of advice is based on research: rigorous studies that analyze Read More...
Category: Commentary
Authors: Kimberly Eddleston and Mat Hughes
A big relationship problem can affect not only family businesses, but also our personal lives: We often treat friends, acquaintances, and even strangers better than our own family members. In Read More...
Category: Interviews
Author: Kimberly Eddleston
Every business strives to recruit and hire the best employees and to retain them over time. Creating and nurturing a workplace environment that contributes to productivity and helps the firm achieve Read More...
Category: Research Insight
Authors: Josep Llach , Valeriano Sanchez-Famoso and Dr. Sharon M. Danes
Modern organizations face increasing pressure to make sure women are well represented in their workforce, especially at the top. Business leaders, stakeholders, and policymakers around the world are Read More...
Category: Research Insight
Authors: Jessenia Davila , Luis Gomez-Mejia , Fernando Muñoz-Bullon and Maria J. Sanchez-Bueno
A CEO who supports entrepreneurship is important to both family and nonfamily business success. However, the need to remain entrepreneurial is especially important for family businesses because their Read More...
Category: Research Insight
Authors: Kimberly Eddleston and Franz Kellermanns
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
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