Governance

Families need to better understand the capabilities of the next generation and the senior generation, and make sure they are aligned 

The debate about creating more acceptable models of business will inevitably trundle on for many years yet.

But complication can be indicative of differences among the family owners

Family businesses that meet these conditions will transition better than the ones that don’t

The big professional services companies and management consultants are benefiting the most

As the number of shareholders increase, family businesses are more likely to be organised through branches

Once lawyers are involved many of these disputes become almost impossible to unlock

Three family-run businesses top the league table in a recent study on reputation, which backs up previous studies

The Chinese custom of equal inheritance can sometimes cause difficult transitions at family businesses