Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Family Firms in Transition: Case Studies on Succession, Inheritance, and Governance

Family Firms in Transition: Case Studies on Succession, Inheritance, and Governance

Brännback, Malin
Carsrud, Alan L.

Paperback

Series: SpringerBriefs in Business, Book 3

Business GeneralInvesting & FinanceManagement

ISBN10: 1461412005
ISBN13: 9781461412007
Publisher: Springer
Published: Sep 15 2011
Pages: 122
Weight: 0.44
Height: 0.29 Width: 6.14 Depth: 9.21
Language: English

Many of the challenges faced by family-owned businesses develop after the firm has reached a stage of maturity, when the first generation is faced with issues concerning the role of their children in the business and the long-term future of the enterprise. This collection of case studies from around the world demonstrates how governance of both the business and the family (or lack thereof) impacts succession of leadership in the firm and the inheritance of ownership and wealth.

It is the role of governance and how it impacts both family and firm that link these family business cases together with succession and inheritance. These topics have been clustered together because the social systems of the family and the management system of the firm have significant impacts on the success, or failure, of succession plans. All the planning in the world for succession and inheritance will not succeed if the firm does not have a well established and functional governance system. Likewise, if the family does not understand its role in the governance of the firm and the mechanisms for making sound decisions, succession choices may not be accepted by family members. Most family firms fail because of succession issues, not economic ones.

Also from

Carsrud, Alan L.

View All

Also in

Business General

View All