Governance

Modern business families have a huge variety of complex risks to cope with and evidence suggests that they are not doing it well. They have to improve, because it's only getting more difficult.
The Saudis have broken every rule in the book, and the result is uncertainty. There are lessons to be learned.
Many current owners of family businesses are refusing to retire, leading to frustration among the next generation of family members.
Non-family managers might not have the same emotional attachment to a business, but they can be very beneficial. For a start, they work longer hours.
A study finds that youngsters in South Korea's family-controlled conglomerates are promoted to senior positions at very young ages. People are fast losing patience with these outdated behemoths.
A report by PwC suggests that big changes are afoot in American family companies, with the current family heads keen to hand on the business to a professional manager.
This week has seen a spate of bad - and in one case tragic - stories involving the children of wealthy people who have gone off the rails. China offers lessons for dealing with entitled next gens.
Family businesses are never short of people telling them how to ensure succession goes smoothly, but sometimes the things that make a business successful are out of anyone's control.
When the founder of IKEA disagreed with a Swiss magazine about his worth, it might have seemed a trivial argument
The family owners of Swiss engineering and manufacturing firm Sika have sold the business without asking the management. It caused outrage, but it shouldn't have
Research about the composition of European family business boards shows that they are dominated by family members. The received wisdom is that this is a problem
People often talk about business founders, the buccaneering entrepreneurs, as heroes