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The cases emerged by engaging students to help develop them as a part of the curriculum for teaching family business to both graduate and undergraduate business school students in the United States, Canada, Australia, and Finland.
From spiraling gas prices to jobs being exported overseas to real estate booms and busts, economic forces affect our daily lives in many profound ways. This work aims to improve business and economic literacy by demystifying these topics. It is useful for students, researchers, educators, and general readers.
Many of the challenges faced by family-owned businesses develop after the firm has reached a stage of maturity. This collection of case studies demonstrates how governance of both the business and the family (or lack thereof) impacts succession of leadership in the firm and the inheritance of ownership and wealth.
Family-owned and managed firms are often beset by a variety of crises that can impact the firm's very survival.
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