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Introduction

Alan L. Carsrud () and Malin Brännback ()
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Alan L. Carsrud: Ryerson University
Malin Brännback: Åbo Akademi University

Chapter Chapter 1 in Family Firms in Transition, 2012, pp 1-3 from Springer

Abstract: Abstract In this, series of cases such as the issues of children in the business, succession, selling the firm, and governance of the family and business are explored in a variety of cases from around the world. This book focuses on the governance of, and planning for, the firm and family. These cases show how governance of both, or lack thereof, impacts succession of leadership in the firm and the inheritance of ownership and wealth. These topics have been clustered together because the social systems of the family and the management system of the firm have significant impacts on the success, or failure, of succession plans. All the planning in the world for succession and inheritance will not succeed if the firm does not have a well established and functional governance system. Several of these cases explore the sale of the family firm as an alternative to succession and inheritance.

Keywords: Family Firms; Undergraduate Business School Students; Relevant Family Members; Family Stakeholders; Intergenerational Succession (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-1-4614-1201-4_1

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DOI: 10.1007/978-1-4614-1201-4_1

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