Governance

New research says that family businesses prefer to look to the family for a new CEO, and then other internal candidates. Only if that fails will they look externally.
A new association representing family businesses in the Czech Republic and Slovakia underlines the desire for knowledge on the family business sector in Eastern Europe
Family businesses are much smaller in Italy than they are in France and Germany. That needs to change if the country is going to flourish.
Research shows that power is becoming concentrated at large American companies. For all their inefficiencies, family firms don't have the same problem.
Mittelstand businesses are concerned that changes to how they are taxed will damage them, and that in turn will damage the country's economy.
A recent study argues that non-family CEOs are best for family firms, but only when monitored by a group of family members.
A paper from a think-tank suggests that family members work so much less than non-family peers that their firms lose 2.6% in performance.
Two American hedge funds are pressuring family-controlled firms in Asia on their governance, but they are a sideshow to the real story.
Over the coming decades thousands of family businesses will transfer to the next generation. We should try to understand the psychology behind the baby boomers' poor succession planning.
At the moment up to 90% of businesses in some emerging markets are either founder or family owned. Will that continue in the future? It would be a good thing if it did.
A French lawyer thinks that their collaborative nature means that family businesses are playing a leading role in the "third industrial revolution".
Leaderless organisations are all the rage, but successful ones are few and far between. Some of the best-known examples are actually family firms. That is no accident.