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Family, Practitioner Perspectives
Family Systems Theory
In the classroom, we introduce students to the importance of family systems theory to understand their own families, and the family enterprises they will own, work for and advise in their careers.
Family, Practitioner Perspectives
The Heart of a Community: A Small Business
I’ve got a special place near my heart for Dan & Whit’s general store in Norwich, Vermont.
Family, Leadership, Ownership, Research Findings
Dynastic Control Without Ownership: Evidence from Post-War Japan
Dynastic-controlled firms are led by founding-family CEOs while the family owns an insignificant share of equity (defined as less than 5%).
Family, Governance, Ownership, Research Findings
Family Firms Do Last!
The claim that most family businesses fail in the third generation is refuted in this study by Thomas Zellwegger and colleagues.
Family, Practitioner Perspectives
Growing up Green: 7 Keys to Nurturing Worthy Successors in Families of Wealth
‘I’m not sure they’re ready yet.’ Over the last few years, we have become accustomed to hearing this complaint, or others like it, from family business leaders, anxious about who from the next generation will follow in their footsteps as stewards.