How do emotions impact decision-making in your family enterprise? Fabian Bernhard, Associate Professor of Management, EDHEC Business School, explains.
Entrepreneurship in the United States continues to be a major path to wealth creation for individuals and their families.
Dynastic-controlled firms are led by founding-family CEOs while the family owns an insignificant share of equity (defined as less than 5%).
The claim that most family businesses fail in the third generation is refuted in this study by Thomas Zellwegger and colleagues.
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.
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.
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
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.
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.
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.