Successful family businesses

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Employees With Toxic Traits Can Still Be An Asset at Family Firms

Family firms are strongly influenced by the behavior of family members in those organizations, thus toxic behavior is a major risk for the continuity and success of any family firm. A great deal of Read More...

Category: Research Insight

Authors: Benjamin McLarty and Daniel T. Holt

Governments Must Encourage Family Enterprise Growth

Policymakers need to recognize the extensive impact these businesses have on local, national, and even international communities, and ensure that efforts are made to support their continuity. Read More...

Category: Commentary

Author: R. Adam Smith

How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms?

Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. When a family business portfolio includes Read More...

Category: Research Insight

Authors: Marina Palm , Vanessa Diaz Moriana and Nadine Kammerlander

How Business Families Can Invest for Social Impact

“ My great-great grandfather spent the first half of his life making money, and the second half of his life, giving it away - and the family has continued a strong tradition of both business and Read More...

Category: Research Insight

Authors: Cristina Maria Cruz Serrano , Rachida Justo and Jeanne Roche

Parental Divorce Affects Future Entrepreneurial Success

A child’s upbringing within his or her family often sows the seeds of entrepreneurial success later in life. Yet, families today are increasingly fragile, and many entrepreneurs have experienced Read More...

Category: Research Insight

Authors: Mateja Andric , Josh Hsueh , Thomas Zellweger and Isabella Hatak

Why Prominent Business Families Dive Into Politics

Across the world --  from Italy's Berlusconi, to the US’s Kennedy family, to Chile's Matte -- wealthy business families have not only been part of the economic elite but are also political Read More...

Category: Research Insight

Author: Marcelo Ortiz M.

Research-Based Advice for Family Businesses: Our 10 Best-Read Articles

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

How to Encourage Devotion Among Nonfamily Employees

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

Helping Next-Gens Envision Their Family Firm’s Future Success

A comprehensive and convincing vision is crucial in helping family businesses be successful over generations. However, many lectures and course exercises that prepare future leaders merely ask Read More...

Category: Education and Teaching

Authors: Nadine Kammerlander and Friedrich Kammerlander

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