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Developing Responsible Owners in Family Business

Joseph H. Astrachan () and Torsten M. Pieper
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Joseph H. Astrachan: CeFEO - Centre for Family Entrepreneurship and Ownership
Torsten M. Pieper: UNC Charlotte Bell College of Business

A chapter in Topics of Family Business Governance, 2021, pp 119-126 from Springer

Abstract: Abstract Successors in a family business must often come from the ownership group and the more responsible and better trained the pool of potential successors, the better the selection will be. Responsible owners will value the family business and the family group over individual interests and support those solutions and successors selections that are most conducive to the long-term survival of the family business.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-58019-3_24

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DOI: 10.1007/978-3-030-58019-3_24

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