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Family Business Case Studies across the World: Succession and Governance in a Disruptive Era, edited by Jeremy Cheng, Luis Diaz‐Matajira, Nupur Pavan Bang, Rodrigo Basco, Andrea Calabro, Albert E. James, Georges Samara Cheltenham, Edward Elgar publishing, 2022, DOI: https://doi.org/10.4337/9781800884250

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Book cover

Entrepreneurs in Family Business Dynasties pp 1–9 Cite as

Family Business Around the World

  • Laura Hougaz 2  
  • First Online: 24 December 2014

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Part of the Management for Professionals book series (MANAGPROF)

Over the last three decades, there has been a growing interest in the contribution of family firms to the local and global economic landscapes. Although statistics are not available, it is generally acknowledged that over two-thirds of businesses around the world are family businesses. Research in family business reveals, however, that only 30 % of these businesses survive into the second generation, with most intergenerational transitions failing after the second generation (only 10–15 % continue into the third generation, and 3–4 % into the fourth generation). There is increasing interest by members of existing family businesses, practitioners and consultants working in this area, as well as researchers, in understanding the issues that underpin the success, or failure, of multigenerational family business. It is widely accepted that family businesses have strong values. Very few studies, however, have focused on this phenomenon, and there are no studies that examine how family business values support its continuation.

This chapter presents an overview of issues related to multigenerational family firms, from the establishment of the business, to its continuity across three generations.

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First generation are people born overseas who underwent the process of migration and settled in Australia (in this case). The second generation are Australian-born children of overseas parents; they include overseas-born who arrived in Australia in infancy or early childhood. A second generation person may identify with various concepts of multiple identities. The third generation are the descendants of a migrant family, with at least one grandparent born in overseas, largely integrated into mainstream society.

See the story of Luigi Grollo in Chap. 8 (Quote Box 8.16 ).

See the story of Simon Costa in Chap. 10 (Quote Boxes 10.20 and 10.21 ).

The fourth generation may, however, decide to move into new business fields, completely shifting away from the original focus of the business.

Anderson, R. C., Mansi, S. A., & Reeb, D. M. (2003). Founding family ownership and the agency cost of debt. Journal of Financial Economics, 68 (2), 263–285.

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Cabrera-Suárez, K., Saá-Pérez, P., & Garcia-Almeida, D. (2001). The succession process from a resource and knowledge-based view of the family firm. Family Business Review, 14 (1), 37–47.

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Hougaz, L. (2015). Family Business Around the World. In: Entrepreneurs in Family Business Dynasties. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-13918-0_1

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Family Business Case Studies Across the World

Succession and governance in a disruptive era, by jeremy cheng , luis díaz-matajira , nupur p. bang , rodrigo basco , and georges samara.

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Family Business Case Studies Across the World by Jeremy Cheng, Luis Díaz-Matajira, Nupur P. Bang, Rodrigo Basco, Georges Samara

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Designed as a learning tool to nurture contextual empathy and strategic decision-making capabilities in families-in-business facing internal and external disruptions, Family Business Case Studies Across the World presents a unique collection of case studies from across the globe to create a comprehensive understanding of how family firms can respond to future disruptions. 

Cover Family Business Case Studies Across the World

Table of Contents

  • Contributors
  • About the editors
  • About the STEP Project Global Consortium
  • Acknowledgements
  • Chapter 1: Family firms across the world: succession and governance in a disruptive era
  • Chapter 2: Family business case learning: how to maximize learnings from this STEP project global casebook
  • Chapter 3: Aborted succession: we need both succession and retirement plans
  • Chapter 4: Mending the fence before the family fell apart: succession in the Shampoo family
  • Chapter 5: The silence before the storm: intragenerational conflict for succession
  • Chapter 6: Lessons learned from being NextGen
  • Chapter 7: Florax Group: when unintended succession leads to unfulfilled promises
  • Chapter 8: Succession turnaround at the Avendorp Group: a true family tragedy
  • Chapter 9: Valuing our values: family values driving business success
  • Chapter 10: Time to hang up the boots?
  • Chapter 11: A woman at the helm: growth and succession at Inversora Lockey C.A.
  • Chapter 12: "Should I stay or should I go?": Filipe de Botton's dilemma
  • Chapter 13: Can I retire? An early successor's dilemma
  • Chapter 14: Which family prevails during divorce and succession? The Wagner Avila case
  • Chapter 15: "Chemical reaction": choosing a successor in a mosaic family
  • Chapter 16: Clease's Auto: how a global pandemic allowed a family to maintain their family business legacy
  • Chapter 17: The Ricci Durand family in the COVID-19 pandemic
  • Chapter 18: Pineola Nurseries: family business succession under fire
  • Chapter 19: DC International: riding out of disruption as a third-generation successor
  • Chapter 20: Am I ready for this?
  • Chapter 21: Universal Cement Corporation: doing "one thing at a time "in the crisis of multiple needs?
  • Chapter 22: Conclusion: the lessons learned
  • Corporate Governance
  • Entrepreneurship
  • Family Business
  • Strategic Management
  • Teaching Methods in Business and Management

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Diverse in terms of generational involvement, demographic groups, cultural aspects, institutional settings and industries, the cases range from founder-led SMEs to multi-generational family conglomerates in 18 countries spanning over four continents. In addition to identifying successful practices, this book offers unconventional wisdom on the impact of family feuds, sudden death, divorce and multiple marriages on family businesses. It concludes by exposing new understandings on succession and the unique role played by rising-generation leaders in this disruptive era.

Informed by the common research paradigm of the Successful Transgenerational Entrepreneurship Practice (STEP) Project Global Consortium, this book will provide a practical learning experience for advanced students and scholars of family business, family entrepreneurship, and strategic management studies.

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  • ISBN-10 1800884249
  • ISBN-13 978-1800884243
  • Publisher Edward Elgar Publishing Ltd
  • Publication date 13 May 2022
  • Language English
  • Dimensions 17.15 x 1.91 x 24.77 cm
  • Print length 224 pages
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  • Publisher ‏ : ‎ Edward Elgar Publishing Ltd (13 May 2022)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 224 pages
  • ISBN-10 ‏ : ‎ 1800884249
  • ISBN-13 ‏ : ‎ 978-1800884243
  • Item Weight ‏ : ‎ 666 g
  • Dimensions ‏ : ‎ 17.15 x 1.91 x 24.77 cm

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Family Businesses in the Times of Crisis and Global Recession: A story of resilience and sustainability

family business case studies across the world

View this edition in our enhanced digital edition format with supporting visual insight and information.

This week, we are pleased to share a family business case illustrating how Firmenich, the world’s largest privately-owned perfume and taste company, has utilized their concentrated family ownership and governance model to navigate worldwide crises. Thanks to Marta Widz and Benoît Leleux from IMD Global Family Business Center for sharing this case and lessons that can be learned from Firmenich’s example.

In a globalized world, the spread of a deadly disease like CoVID-19 is bound to wreak havoc of an equally global scale and provoke an economic recession of unprecedented speed and depth. Even though family businesses are often viewed as not the most agile, when a crisis of this magnitude hits, they are able to quickly bring to bear skills developed over generations to ensure resilience, capitalizing on the trust patiently accumulated with various stakeholders and continuing to live their deeply-held sustainability values.

For example, following a performance decrease family-owned firms are less likely to downsize the workforce. 1 In the past weeks, we have seen number of multigenerational and global family businesses convert their manufacturing facilities to produce sanitizers and disinfectant solutions with the intention to donate them to the health authorities. 234 One such example is Firmenich, the world’s largest privately-owned perfume and taste company.

This article, based on the Firmenich story, illustrates that at the heart of many family businesses’ successful pivot are values-based sustainability-driven business models and governance mechanisms that are resilient to even the most dramatic shocks.

Firmenich: Intertwining resilience and sustainability

Firmenich, a Geneva-based family business, is the world’s largest privately held manufacturer of fragrances and flavorings industry for consumer goods. Its client list includes the world’s largest food and beverage, beauty, and household care and fabric companies. About 4 billion people worldwide use a product containing a fragrance, flavor, or ingredient by Firmenich, ranging from yogurt or cereals in the morning to shampoo or fine fragrance at night.

Established in 1895, Firmenich is currently entirely owned by family shareholders from the third to the fifth generation. The company is present in more than100 markets worldwide and operates over 80 facilities across the globe.

In response to the CoVID-19 virus, Firmenich reacted swiftly and adapted the production of its Geneva manufacturing sites to donate 20 tons of disinfectant solution to the Geneva University Hospital and medical and emergency services. 5 To meet increasing global demand, the Group increased its production capacity to 100 tons for hospitals, as well as medical and emergency services across the USA and Switzerland. 6

“As a responsible company, it is critical for us to take action and demonstrate our solidarity with the local communities where we operate in these unprecedented times, ” commented Patrick Firmenich, Chairman of the Board, Firmenich. “ This hand sanitizer allows us to protect our people and the frontline emergency staff working relentlessly to combat this pandemic. Together, we will prove that solidarity is more contagious than the virus. ”

What enabled the quick reaction of Firmenich was, on the one hand, its recognition of the societal value reflected in its purpose and fundamentals as well as an inclusive capitalism business model, and, on the other hand, a remarkably resilient-to-shocks governance mechanisms model of concentrated family ownership, independence, financial prudence, long-term thinking, and skillful balancing the business and owners’ needs.

Purpose and Fundamentals

Firmenich’s Purpose Statement , “For Good, Naturally,” is its north star – as a result sustainability is one of the five building blocks in Firmenich’s Fundamentals . 7

family business case studies across the world

Firmenich Fundamentals 8

Inclusive Capitalism Business Model and “Pathways to Positive” Sustainability Strategy

Firmenich has long recognized the need to capture societal values: Maximizing stakeholders’ value is Firmenich’s way to achieve the trustworthiness of employees, customers, and the wider community and is reflected in the Firmenich’s inclusive capitalism business model .

Firmenich is the first company in its industry, the first in Switzerland and the seventh worldwide to become globally certified by EDGE as Gender Equality Employer, ensuring equal pay and gender in the recruitment, promotion, and training. 9 Firmenich also signed the “Valuable 500” pledge on disability inclusion and employs many blind people, who work at its sensory panels. 10

Sustainability strategy “Pathways to Positive” 11 is ensured through the governance structures that support sustainability, such as Global Ethics Committee, Human Rights Committee, Biodiversity Committee, and Global Sustainability Team. The main goals are “Improving Lives Through Innovation” (the example of which is the engagement in strong innovation on new sanitation to tackle the problem of lack of access to toilets of about 4.5 billion people worldwide in a partnership with the Bill & Melinda Gates Foundation) and “Leading in Environmental Management” (the example of which is are biodegradable perfumery molecules or the boldest environmental goals in the industry to operate with 100% renewable electricity).

Resilient-to-Shocks Governance Mechanisms

Concentrated family ownership , bound by common time-proven values, gives Firmenich the ability for quick maneuvers in times of crises. Decisions can be taken quickly and shareholders are aligned behind the Firmenich’s purpose and fundamentals.

Family ownership is also the guardian for Firmenich’s vision to stay independent as “Our independence gives us the freedom to control our destiny.” That independence is also based on the family legacy, which dictates the utmost financial prudence : “We pursue a policy of financial strength, profitable growth and return on assets.”

Like many other family businesses, Firmenich is committed to long-term thinking . “We practice a sustainable business model for the well-being of present and future generations.” What for non-family businesses is long-term, is for Firmenich just an eyeblink. The company thinks in decades.

The resilient-to-shocks governance mechanisms ensure the skillful balance of business and owners’ needs, guided by the business-comes-first principle. Governance at Firmenich is based on a meritocracy principle – several family members are engaged across the business but currently, there are no family members in the top executive positions. The Board of Directors steers the company, led by a family-Chairman and has nine members, with four family directors making the minority at the board. After the long history of a chain of family CEOs, in 2014 Gilbert Ghostine was appointed the first non-family CEO. “ We maximize the advantages of both the family ownership and the learnings of the publicly-traded company ” stressed Gilbert Ghostine, CEO Firmenich , “ all our competitors are publicly traded .”

Lessons to be Learned from Family Businesses for the Post-CoVID-19 World

In its long history, Firmenich has successfully navigated numerous crises (such as previous pandemics, economic depressions, and world wars). That history has taught Firmenich that resilience (e.g., governance mechanisms of concentrated family ownership, independence, financial prudence, long-term thinking, and skillful balancing the business and owners’ needs) and sustainability are the best recipes for longevity and the ability to survive the external shocks.

To thrive in the post-CoVID-19 world, companies will need to develop both resilience and sustainability to ensure business continuity, liquidity, and the alignment of short- and long-term goals. No surprise, those are characteristics often associated with those family businesses we love to celebrate. They will shine brightest again during this crisis time. And the lessons should not be lost on other businesses…

Firmenich was the winner of the IMD Global Family Business Award in 2011 and received the inaugural IMD-Pictet Sustainability in Family Business Award in 2019. Firmenich and will celebrate its 125th anniversary in 2020.

1 Block, J. (2010). Family management, family ownership, and downsizing: Evidence from S&P 500 firms.  Family Business Review , 23(2), 109-130.

2 https://www.firmenich.com/en_INT/company/news/A-Message-from-our-CEO-on-Coronavirus-COVID-19.html

3 https://www.bloomberg.com/news/articles/2020-03-15/lvmh-will-produce-hand-sanitizer-at-three-sites-in-france

4 https://www.bbc.com/news/business-51868756

5 https://www.firmenich.com/en_INT/company/news/Firmenich-produces-20-tons-of-disinfectant-solution-for-the-Geneva-University-Hospital-Medical-Emergency-Services.html

6 https://www.firmenich.com/en_INT/company/news/Firmenich-Expands-Hand-Sanitizer-Production-Donating-100-Tons-Across-USA-and-Switzerland.html

7 Sustainability for Firmenich means “our integrity and sense of individual and collective responsibility ensure our long-term success.” https://www.firmenich.com/en_INT/company.html

8 https://www.firmenich.com/en_INT/company.html

9 https://www.firmenich.com/en_INT/company/news/Certified-Equal-Pay.html

10 https://www.firmenich.com/en_INT/company/news/Firmenich-Joins-Valuable-500-Promoting-Disability-Inclusion-in-the-Workplace.html

11 https://www.firmenich.com/uploads/files/Firmenich_Sustainability_Report_2019.pdf

About the Contributors

Marta

Marta Widz is a Research Fellow of IMD Global Family Business Award, sponsored by Pictet and IMD-Pictet Sustainability in Family Business Award . She serves as a non-voting jury member for both awards, heads the Evaluation Committees, and is co-chair of the FFI 2020 Conference Program Committee. She obtained her PhD at the Center for Family Business at the University of St. Gallen, Switzerland. She is a specialist in corporate, ownership and family governance, and entrepreneurship in family business. Marta can be reached at [email protected] .

Benoît Leleux

Benoît Leleux is the Stephan Schmidheiny Professor of Entrepreneurship and Finance at IMD since 1999 and the Director of the IMD Global Family Business Award, sponsored by Pictet since 2008. He was previously Visiting Professor of Entrepreneurship at INSEAD and Associate Professor and Zubillaga Chair in Finance and Entrepreneurship at Babson College. He is a specialist in entrepreneurship, venture capital, private equity and corporate venturing, with a strong interest in family business. Benoît can be reached at [email protected] .

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Sage Business Cases: Family Business

In 2018, Sage Business Cases launched Family Business, a new teaching case series within Sage Business Cases. 

“Family businesses are an important source of dynamism in most economies, usually with an entrepreneurial attitude and a passion for the business,” says Dr. Dieleman. “But family firms also face unique challenges related to the combination of family and business, including succession, professionalization and legacy-building across generations. This case series brings out these challenges and successes with examples from all continents, and provides a rich source of teaching material for educators.”

The cases in this series span countries and cultures and highlight the varied challenges faced by family businesses across a range of different contexts. These cases will provide students and faculty with up-to-the-minute impactful cases that truly work to prepare tomorrow’s business leaders. 

Family Business Series Editor

Marleen Dieleman, Ph.D., Associate Professor of Strategy and Family Business at NUS Business School at the National University of Singapore

Call for Papers

Have you ever gone searching for a suitable case in family business and could not find one? Do you have an idea or a rough case draft? Have you written a family business-related case you currently used in your classroom? Bring it to Sage  and we’ll work with you to develop your idea. We also encourage students to work alongside you as case writing enables students to apply theory to real-world situations, and they benefit from co- publication credits.

Suggested topics include:

- Values, culture, and identity in family business 

- Disruptive change in family business

- Entrepreneurship in business families

- Family firm constitutions, trusts, and family offices

- Family business groups in emerging markets

- Outside CEOs in family business

- Family offices as global investors

- Philanthropy and social ventures by business families

DEADLINE FOR SUBMISSION: August 25, 2023 (for January 2024 publication)

- We look for cases between 1,000 and 5,000 words.

- Please include discussion questions and teaching notes.

- Authors receive decisions within 6-8 weeks of submission.

- Manuscripts are accepted through our ScholarOne portal.

- Submissions guidelines and  templates are available on the author resources page.

View author resources

Cases from the Family Business Series

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Fake and Explicit Images of Taylor Swift Started on 4chan, Study Says

The people on 4chan who created the images of Ms. Swift thought of it as a sort of game, the researchers said.

  • Share full article

Taylor Swift, wearing a white knit cap and a red jacket with the number 87 in white.

By Tiffany Hsu

Images of Taylor Swift that had been generated by artificial intelligence and had spread widely across social media in late January probably originated as part of a recurring challenge on one of the internet’s most notorious message boards , according to a new report.

Listen to This Article

Open this article in the New York Times Audio app on iOS.

Graphika, a research firm that studies disinformation, traced the images back to one community on 4chan, a message board known for sharing hate speech, conspiracy theories and, increasingly, racist and offensive content created using A.I.

The people on 4chan who created the images of the singer did so in a sort of game, the researchers said — a test to see whether they could create lewd (and sometimes violent) images of famous female figures.

The synthetic Swift images spilled out onto other platforms and were viewed millions of times . Fans rallied to Ms. Swift’s defense, and lawmakers demanded stronger protections against A.I.-created images.

Graphika found a thread of messages on 4chan that encouraged people to try to evade safeguards set up by image generator tools, including OpenAI’s DALL-E, Microsoft Designer and Bing Image Creator. Users were instructed to share “tips and tricks to find new ways to bypass filters” and were told, “Good luck, be creative.”

Sharing unsavory content via games allows people to feel connected to a wider community, and they are motivated by the cachet they receive for participating, experts said. Ahead of the midterm elections in 2022, groups on platforms like Telegram, WhatsApp and Truth Social engaged in a hunt for election fraud, winning points or honorary titles for producing supposed evidence of voter malfeasance. (True proof of ballot fraud is exceptionally rare .)

In the 4chan thread that led to the fake images of Ms. Swift, several users received compliments — “beautiful gen anon,” one wrote — and were asked to share the prompt language used to create the images. One user lamented that a prompt produced an image of a celebrity who was clad in a swimsuit rather than nude.

Rules posted by 4chan that apply sitewide do not specifically prohibit sexually explicit A.I.-generated images of real adults.

“These images originated from a community of people motivated by the ‘challenge’ of circumventing the safeguards of generative A.I. products, and new restrictions are seen as just another obstacle to ‘defeat,’” Cristina López G., a senior analyst at Graphika, said in a statement. “It’s important to understand the gamified nature of this malicious activity in order to prevent further abuse at the source.”

Ms. Swift is “far from the only victim,” Ms. López G. said. In the 4chan community that manipulated her likeness, many actresses, singers and politicians were featured more frequently than Ms. Swift.

OpenAI said in a statement that the explicit images of Ms. Swift were not generated using its tools, noting that it filters out the most explicit content when training its DALL-E model. The company also said it uses other safety guardrails, such as denying requests that ask for a public figure by name or seek explicit content.

Microsoft said that it was “continuing to investigate these images” and added that it had “strengthened our existing safety systems to further prevent our services from being misused to help generate images like them.” The company prohibits users from using its tools to create adult or intimate content without consent and warns repeat offenders that they may be blocked.

Fake pornography generated with software has been a blight since at least 2017, affecting unwilling celebrities , government figures , Twitch streamers , students and others. Patchy regulation leaves few victims with legal recourse; even fewer have a devoted fan base to drown out fake images with coordinated “Protect Taylor Swift” posts.

After the fake images of Ms. Swift went viral, Karine Jean-Pierre, the White House press secretary, called the situation “alarming” and said lax enforcement by social media companies of their own rules disproportionately affected women and girls. She said the Justice Department had recently funded the first national helpline for people targeted by image-based sexual abuse, which the department described as meeting a “rising need for services” related to the distribution of intimate images without consent. SAG-AFTRA , the union representing tens of thousands of actors, called the fake images of Ms. Swift and others a “theft of their privacy and right to autonomy.”

Artificially generated versions of Ms. Swift have also been used to promote scams involving Le Creuset cookware . A.I. was used to impersonate President Biden’s voice in robocalls dissuading voters from participating in the New Hampshire primary election. Tech experts say that as A.I. tools become more accessible and easier to use, audio spoofs and videos with realistic avatars could be created in mere minutes.

Researchers said the first sexually explicit A.I. image of Ms. Swift on the 4chan thread appeared on Jan. 6, 11 days before they were said to have appeared on Telegram and 12 days before they emerged on X. 404 Media reported on Jan. 25 that the viral Swift images had jumped into mainstream social media platforms from 4chan and a Telegram group dedicated to abusive images of women. The British news organization Daily Mail reported that week that a website known for sharing sexualized images of celebrities posted the Swift images on Jan. 15.

For several days, X blocked searches for Taylor Swift “with an abundance of caution so we can make sure that we were cleaning up and removing all imagery,” said Joe Benarroch, the company’s head of business operations.

Audio produced by Tally Abecassis .

Tiffany Hsu reports on misinformation and disinformation and its origins, movement and consequences. She has been a journalist for more than two decades. More about Tiffany Hsu

Explore Our Coverage of Artificial Intelligence

News  and Analysis

OpenAI announced that it was releasing a new version of ChatGPT that would remember all prior conversations with users  so it could use that information in future chats.

The F.T.C. outlawed unwanted robocalls generated by A.I. , amid growing concerns over election disinformation and consumer fraud facilitated by the technology.

Google has released Gemini, a smartphone app that behaves like a talking digital assistant as well as a conversational chatbot .

The Age of A.I.

Amid an intractable real estate crisis, fake luxury houses offer a delusion of one’s own. Here’s how A.I. is remodeling the fantasy home .

New technology has made it easier to insert digital, realistic-looking versions of soda cans and shampoo on videos on social media. A growing group of creators and advertisers is jumping at the chance for an additional revenue stream .

A start-up called Perplexity shows what’s possible for a search engine built from scratch with A.I. Are the days of turning to Google for answers numbered ?

Chafing at their dependence on the chipmaker Nvidia, Amazon, Google, Meta and Microsoft are racing to build A.I. chips of their own .

A.I. image generators are trained on other people’s artwork. Are the tools violating copyright in the process? A series of tests run with the technology suggests as much .

IMAGES

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  5. Family Business Case Studies across the World: Succession and

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VIDEO

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COMMENTS

  1. Family Business Case Studies Across the World: Succession and

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  2. Family Business Case Studies Across the World

    Designed as a learning tool to nurture contextual empathy and strategic decision-making capabilities in families-in-business facing internal and external disruptions, Family Business Case Studies Across the World presents a unique collection of case studies from across the globe to create a comprehensive understanding of how family firms can res...

  3. Family Business Case Studies Across the World

    1 how to maximize learnings from this STEP Project global casebook 10 PART I CONFLICTS SUDDEN DEATH AND SUCCESSION 20 we need both succession and retirement plans 21 succession in the Shampoo...

  4. Family Business Case Studies across the World: Succession and

    Family Business Case Studies across the World: Succession and Governance in a Disruptive Era, by Jeremy Cheng, Luis Diaz‐Matajira, Nupur Pavan Bang, Rodrigo Basco, Andrea Calabro, Albert E. James, Georges Samara Cheltenham Edward Elgar publishing, 2022, DOI: https://doi.org/10.4337/9781800884250 - Pachura - 2022 - Regional Science Policy & Pract...

  5. Family Business Case Studies Across the World

    Designed as a learning tool to nurture contextual empathy and strategic decision-making capabilities in families-in-business facing internal and external disruptions, Family Business Case Studies Across the World presents a unique collection of case studies from across the globe to create a comprehensive understanding of how family firms can res...

  6. Family Business Case Studies Across the World: Succession and

    Family Business Case Studies Across the World: Succession and Governance in a Disruptive Era - Ebook written by Cheng, Jeremy, Díaz-Matajira, Luis, Bang, Nupur P., Basco, Rodrigo, Calabrò, Andrea, James, Albert E., Samara, Georges. Read this book using Google Play Books app on your PC, android, iOS devices. Download for offline reading, highlight, bookmark or take notes while you read Family ...

  7. Family Business Case Studies Across the World

    This book presents a unique collection of case studies from across the globe to create a comprehensive understanding of how family firms can respond to future disruptions. Each case contains learning notes with objectives, discussion questions and suggested readings to facilitate learner understanding and engagement with the topic. Cases on topics such as global succession and governance ...

  8. Family Business Case Studies Across the World

    Family Business Case Studies Across the World. Edited by Jeremy Cheng, Luis Díaz-Matajira, Nupur P. Bang, Rodrigo Basco, Andrea Calabrò, Albert E. James and Georges Samara. in Books from Edward Elgar Publishing. Abstract: Designed as a learning tool to nurture contextual empathy and strategic decision-making capabilities in families-in-business facing internal and external disruptions ...

  9. Family Business Case Studies Across the World

    Designed as a learning tool to nurture contextual empathy and strategic decision-making capabilities in families-in-business facing internal and external disruptions, Family Business Case Studies Across the World presents a unique collection of case studies from across the globe to create a comprehensive understanding of how family firms can res...

  10. Family Business Case Studies Across the World 1st Edition

    Family Business Case Studies Across the World 1st Edition is written by Jeremy Cheng, Luis Díaz-Matajira, Nupur P. Bang, Rodrigo Basco, Andrea Calabrò, Albert E. James, Geo and published by Edward Elgar Publishing. The Digital and eTextbook ISBNs for Family Business Case Studies Across the World are 9781800884250, 1800884257 and the print ISBNs are 9781800884243, 1800884249.

  11. Family Business Case Studies across the World: Succession an

    Family Business Case Studies across the World: Succession and Governance in a Disruptive Era, edited by Jeremy Cheng, Luis Diaz‐Matajira, Nupur Pavan Bang, Rodrigo Basco, Andrea Calabro, Albert E. James, Georges Samara Cheltenham, Edward Elgar publishing, 2022, DOI: https://doi.org/10.4337/9781800884250 Author & abstract Download

  12. Family Business Around the World

    Family Business Around the World Laura Hougaz Chapter First Online: 24 December 2014 884 Accesses Part of the Management for Professionals book series (MANAGPROF) Abstract Over the last three decades, there has been a growing interest in the contribution of family firms to the local and global economic landscapes.

  13. Family Business Case Studies Across the World

    Family Business Case Studies Across the World Succession and Governance in a Disruptive Era by Jeremy Cheng, Luis Díaz-Matajira, Nupur P. Bang, Rodrigo Basco, and Georges Samara 0 Ratings 0 Want to read 0 Currently reading 0 Have read This edition doesn't have a description yet. Can you add one ? Publish Date 2022 Publisher

  14. Contents in: Family Business Case Studies Across the World

    Designed as a learning tool to nurture contextual empathy and strategic decision-making capabilities in families-in-business facing internal and external disruptions, Family Business Case Studies Across the World presents a unique collection of case studies from across the globe to create a comprehensive understanding of how family firms can respond to future disruptions.

  15. Family Business Case Studies Across the World: Succession and

    Family Business Case Studies Across the World: Succession and Governance in a Disruptive Era : Cheng, Jeremy, Díaz-Matajira, Luis, Bang, Nupur P., Basco, Rodrigo, Calabrò, Andrea, James, Albert E., Samara, Georges: Amazon.in: Books Books › Business & Economics › Business Development & Entrepreneurship Buy new: ₹10,207.00 Inclusive of all taxes

  16. Family Businesses in the Times of Crisis and Global Recession: A story

    Firmenich was the winner of the IMD Global Family Business Award in 2011 and received the inaugural IMD-Pictet Sustainability in Family Business Award in 2019. Firmenich and will celebrate its 125th anniversary in 2020. References. 1 Block, J. (2010). Family management, family ownership, and downsizing: Evidence from S&P 500 firms.

  17. Family business case studies across the world: Succession and

    Abstract This book presents a unique collection of case studies from across the globe to create a comprehensive understanding of how family firms can respond to future disruptions. Each case contains learning notes with objectives, discussion questions and suggested readings to facilitate learner understanding and engagement with the topic.

  18. Family firms across the world: Succession and governance in a

    Book title Family business case studies across the world: Succession and governance in a disruptive era Year 2022 Month 5 Publisher Edward Edgar Place of Publication Cheltenham, UK Pages 1 - 9 ISBN 9781800884243 eISBN 9781800884250 Languages English-United Kingdom

  19. Family Business: Articles, Research, & Case Studies on Family

    by John A. Davis and Deepak Malhotra. Family relationships are complicated, even more so when your uncle, mother, or daughter is your business partner. Harvard Business School's John A. Davis and Deepak Malhotra outline 5 ways to analyze and improve dealmaking and dispute resolution while protecting family ties.

  20. Sage Business Cases: Family Business

    Bring it to Sage and we'll work with you to develop your idea. We also encourage students to work alongside you as case writing enables students to apply theory to real-world situations, and they benefit from co- publication credits. Suggested topics include: - Values, culture, and identity in family business.

  21. Family Business Growth Around the World

    Family Business Growth Around the World. Ivan Miroshnychenko, Alfredo ... (2014). The case study method in family business research: Guidelines for qualitative scholarship. Journal of Family Business Strategy ... Appropriateness of knowledge accumulation across growth studies. Entrepreneurship Theory and Practice, 33(1), 105-123.doi:10.1111/j ...

  22. Family Business Case Studies across the World ...

    Family Business Family Business Case Studies across the World: Succession and Governance in a Disruptive Era, by JeremyCheng, LuisDiaz‐Matajira, Nupur PavanBang, RodrigoBasco, AndreaCalabro,...

  23. Fake and Explicit Images of Taylor Swift Started on 4chan, Study Says

    Graphika, a research firm that studies disinformation, traced the images back to one community on 4chan, a message board known for sharing hate speech, conspiracy theories and, increasingly ...