Family business financial advice
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However, those who invested more in R&D and operated in countries with strong and supportive institutions enjoyed better market capitalizations. EDITOR’S NOTE: This article was produced in Read More...
Category: Research Insight
Authors: Ivan Miroshnychenko , Rui Torres de Oliveira , Alfredo De Massis and Ruth Überbacher
Consider one if your family business has 15 or more relatives involved, or multiple generations. Many family firms wonder about whether they need a family council: a group that helps ensure that Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Aimee Wrubel
Adopting all or even some PE investor strategies can add value and enhance competitiveness, especially when a successor takes over or the company may be sold. Family businesses must navigate a Read More...
Category: Applied and Practice
Authors: Nadine Kammerlander and David Hoeflmayr
Sometimes the family grows much faster than the business, especially in saturated markets. This has deep implications for how we manage family and business expectations. When we talk to Read More...
Category: Practice Insight
Authors: Joseph Astrachan and George Manners
A trustee mentality helps make large families with many shareholders more cohesive, and preserves wealth for generations. Business families with many shareholders and family members who have remained Read More...
Category: Research Insight
Authors: Fabian Simons , Raphaëlle Mattart and Heiko Kleve
It can be dangerous to ask executive assistants or your CFO to manage your personal finances. RSM's Ben Berger shows why a separate office helps both business and family manage money responsibly. All Read More...
Category: Interviews
Author: Kimberly Eddleston
Interviewee: Ben Berger
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...
Category: Research Insight
Authors: Marina Palm , Vanessa Diaz Moriana and Nadine Kammerlander
The decision to disclose strategy information is critical, as it reveals managerial actions, providing financial stakeholders with the information required to assess the firm’s competitive Read More...
Category: Research Insight
Authors: Rafaela Gjergji , Luigi Vena , Giovanna Campopiano , Salvatore Sciascia and Alessandro Cortesi
When a family firm reaches a certain size, the family may decide to transfer their wealth and their ownership into a family office. These offices help business families manage their wealth across Read More...
Category: Research Insight
Authors: Joern Block , Reza Fathollahi and Onur Eroglu
Part 2 of a two-part series As we showed in part 1 of this discussion , trying to use budgets as both a planning tool and an expectations setting tool can be destructive, because the self-interests Read More...
Category: Practice Insight
Author: Joseph Astrachan