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Family, Management, Ownership, Practitioner Perspectives, Strategy
How to Build and Sustain a Successful, Enduring Enterprise
The HBR Family Business Handbook brings sophisticated guidance and practical advice from family business experts Josh Baron, adjunct professor, Columbia Business School, and Rob Lachenauer.
Family, Family Voices, Leadership, Management, Ownership
Co-President Siblings Steward a Century-old Family Business
111 years since its founding as Massachusetts Envelope Company, Ben Grossman ’06, along with his brother, David, are the 4th generation of Grossman Marketing Group. This podcast, from The Business of Family, explores legacy, leadership and life lessons.
Consulting, Family, Management, Research Findings
How does paid family leave impact father’s leaves and dual-earner households?
This paper provides evidence on the impact of paid leave legislation on fathers’ leave-taking, as well as on the division of leave between mothers and fathers in dual-earner households.
Family, Management, Ownership, Research Findings
How do firms, managers and incentives match up?
In a journal article by Oriana Bandiera, Luigi Guiso, Andrea Prat, and Raffaella Sadun, the authors combine unique administrative and survey data to study the match between firms and managers, illustrating how risk aversion and talent shape firms' selection and motivation of managers.
Family, Management, Ownership, Research Findings
How do financial resources affect decision-making?
Professor Stefan Meier and colleagues find that, among low socio-economic groups, scarce resources indeed can affect one’s willingness to delay gratification when making choices about monetary rewards.
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Family, Management, Ownership, Research Findings
How do financial resources affect decision-making?
Professor Stefan Meier and colleagues find that, among low socio-economic groups, scarce resources indeed can affect one’s willingness to delay gratification when making choices about monetary rewards.
Family, Management, Research Findings
How are information, communication and influence related?
Professor Andrea Prat and colleagues study the information flows that arise among a set of agents with local knowledge and directed payoff interactions.
Family, Leadership, Management, Research Findings
Do CEO’s matter? How do family deaths impact them?
Using a unique dataset from Denmark, Professor Daniel Wolfenzon and colleagues find that CEO and family deaths are strongly correlated with declines in firm operating profitability, investment and sales growth.
Consulting, Family, Management, Research Findings
How do equal opportunity and family-friendly policies impact women in the labor market?
Although the gender wage gap in the U.S. has narrowed, women’s career trajectories diverge from men’s after the birth of children, suggesting a potential role for family-friendly policies.
Governance, Leadership, Management, Research Findings
Family or Non-family CEO?
Professor Daniel Wolfenzon and colleagues provide thought-provoking findings on family versus non-family- CEO’s of family firms in Inside the Family Firm: Families in Succession Decisions and Performance.
Leadership, Management, Ownership, Practitioner Perspectives
Build a Family Business That Lasts
Many family businesses have enjoyed success for decades, even centuries. In Harvard Business Review, Professor Josh Baron PhD, explores five aspects of ownership that are crucial to family business success.
Finance, Governance, Management, Research Findings
Do employees at family firms work harder?
Daniel Wolfenzon, Stefan H. Robock Professor of Finance and Economics, Finance Division Chair, and Faculty Director, Columbia’s Global Family Enterprise Program, investigated absenteeism in family firms versus non-family firms.
Leadership, Management, Ownership, Research Findings, Strategy
What is transgenerational guilt?
Columbia’s Family Business Program asked EDHEC Professor Fabian Bernhard to explain his research on the impact of emotions, particularly transgenerational guilt, on family firms.
Family, Governance, Management, Ownership, Research Findings
How Should a Family Firm Approach an Ethical Dilemma
Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be dramatic.