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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.
Consulting, Ownership, Practitioner Perspectives
Do Most Family Businesses Really Fail by the Third Generation?
Most articles or speeches about family businesses start with some version of the “three-generation rule,” which suggests that most don’t survive beyond three generations.
Leadership, Ownership, Practitioner Perspectives, Research Findings
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.
Consulting, Governance, Ownership, Research Findings
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
Family, Family Voices, Ownership
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.
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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.
Governance, Leadership, Ownership, Research Findings, Strategy
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.
Finance, Governance, Ownership, Research Findings
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.”
Governance, Ownership, Research Findings
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.
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, Ownership, Research Findings
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.
Family, Governance, Leadership, Ownership, Practitioner Perspectives
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.
Finance, Ownership, Research Findings
Succession in Family Firms
Daniel Wolfenzon, Stefan H. Robock Professor of Finance and Economics at Columbia Business School, presents research on succession in family firms.
Family, Ownership, Practitioner Perspectives
What role should a family business play in its community?
What can a family business do now to help their communities?