Tag: Family Business Review

Employees With Toxic Traits Can Still Be An Asset at Family Firms

The emotional connection that families have with their companies can encourage good performance -- even from employees with narcissism, psychopathy, and Machiavellianism. EDITOR’S NOTE: This Read more

Family History Can Be Repurposed to Serve Today's Challenges

The stories that families tell about their past matter. Here are some ways that families can begin to use the past to serve their present-day goals. EDITOR’S NOTE: This article was produced in Read more

How Do Owners of Family Business Portfolios Restructure Poorly Performing Firms?

Families can get emotionally attached to laggards in their portfolios and avoid taking tough but necessary action, putting the entire enterprise in peril. EDITOR’S NOTE: This article was produced Read more

Why Families and Their Firms Behave Badly

Sometimes the worst behavior happens for all the right reasons. Putting "family first" can jeopardize the business's health and longevity. EDITOR’S NOTE: This article was produced in partnership Read more

A Family's Non-Financial Values Shape Its Sustainability Strategy

Families that focus on renewing their non-financial values in future generations are more likely to have a formal program. EDITOR'S NOTE: This article was produced in partnership with Family Business Read more

Family Firms May Need More Legal Advice Than They Think

Families are often reluctant to anticipate and plan for the day when an unexpected transition might upend their business. The costs of inaction are high. EDITOR'S NOTE: This article was produced in Read more

Perceptions of Family Firms Vary by Country: Why This Matters

Firms that signal they are family-run are usually seen as better quality and enjoy higher levels of trust, except in places like India where they're everywhere. EDITOR'S NOTE: This article was Read more

When the Family Leaves the Business, Can Their Values Remain?

Researchers explored how the Cadbury family’s Quaker values, which prioritized honesty and fairness, have endured even after the confectioner was sold to Kraft. EDITOR'S NOTE: This article was Read more

How to Build a Family Business Portfolio: Your Location Matters

While there are many routes to success, research shows that entrepreneurial business families should consider the possible impact of where they live on how they grow. EDITOR'S NOTE: This article was Read more

What If a Hedge Fund Invests in my Family Business?

At many publicly traded firms, the presence of activist investors forces them to innovate. This didn't hold true at the family businesses we studied. EDITOR'S NOTE: This article was produced in Read more