Chazen Institute Channel

Written by adjunct professor and managing director Patricia Angus, who has more than 25 years’ experience working with families to create, administer, and benefit from trusts, the Beneficiary Primer is a “go to” resource for anyone who has been named as a beneficiary. 

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.

The claim that most family businesses fail in the third generation is refuted in this study by Thomas Zellwegger and colleagues.

‘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.

Dynastic-controlled firms are led by founding-family CEOs while the family owns an insignificant share of equity (defined as less than 5%).

I’ve got a special place near my heart for Dan & Whit’s general store in Norwich, Vermont.