Featured
Sustainable Growth Drivers for Family Enterprises
In collaboration with the Columbia Global Center Nairobi, Kenya, Patricia M. Angus, Adjunct Professor and Managing Director, Global Family Enterprise Program, joined a panel of experts to explore how family businesses in Africa are evolving as sustainable growth drivers.
New Ideas in Family Firms
The New Ideas in Family Firms Academic – Practitioner Conference, co-hosted online with Columbia’s Global Family Enterprise Program and INSEAD’s Wendel International Centre for Family Enterprise, took place on May 7, 2021. Leading academic researchers and global practitioners discussed the role of the family enterprise in society, the meaning and potential for ESG practices, and ways that the pandemic has impacted family enterprise advisory work
What Can You Learn From Family Businesses?
Columbia alumni, Cheyenne Wiskerke ’13 and Alan Wasserstrom ’63, share stories of the businesses they inherited and led — and some of the lessons they learned along the way.
Sipping Success
As co-founder of Blue Nectar Tequila, Nikhil Bahadur ’12 and his father, Bn Bahadur, turned his passion for the Mexican spirit into an award-winning brand.
A Taste for Great Service
As the Ko Hospitality Group opens its first US restaurant, CEO Stan Ko ’99, talks about the family business and why he’s fiercely dedicated to the dining experience.
Explore Further
Is it lonely at the top?
Eight studies by Professor Adam Galinsky and colleagues find a robust negative relationship between the experience of power and the experience of loneliness.
How do firms, managers and incentives match up?
This article combines unique administrative and survey data to study the match between firms and managers. The model illustrates how risk aversion and talent determine how firms select and motivate managers.
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.
What’s the relationship between Boards and CEO power?
In “Board Composition and CEO Power,” Professor Tim Baldenius and colleagues study the optimal composition of corporate boards.
What is Pyramidal Ownership?
Professor Daniel Wolfenzon and colleague provide insights into this form of family firm ownership in “A Theory of Pyramidal Ownership and Family Business Groups.”
How is Family Firm Ownership Structured? The Case of Korean Chaebols.
Research by Professor Daniel Wolfenzon, Stefan H. Robock Professor of Finance and Economics, and colleagues examines family firm ownership structures.
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.
Do Wealthy People Deserve to Be Rich?
Shai Davidai, Associate Professor, Management, Columbia Business School, determines the role charitable giving plays on whether others perceive that the rich deserve their wealth.
4 Key Takeaways from the Sackler Family Enterprise Story
What can business-owning families learn from the Sackler story, even as the story evolves? Read more as part of our Family Enterprise in the Spotlight series.