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Governance

Why Chinese next-gens can learn from family business founders
Family businesses in China might not be as old as their western counterparts – Chinese family firms are just nine years old on average – but there is plenty of opportunity for next-gens to learn from founding family members.

Rashmi Kumar

Family businesses in China might not be as old as their western counterparts – Chinese family firms are just nine years old on average – but there is plenty of opportunity for next-gens to learn from founding family members.

Rewards and the family business
Next-gens, and indeed others in family businesses, surely feel plenty of pressures, but they also have the promise of authentic rewards that Wall Street’s synthetic alpha males can’t dream of.

Jeremy Hazlehurst

If you were to make a list of the things that Wall Street needs more of, then testosterone might not come high on the list. But according to a plastic surgeon who works there, there has recently been a constant queue of men asking for injections of the hormone to make them more aggressive.

Family businesses and “discontinuous change”
Family businesses are faster to react to “discontinuous change” than their non-family counterparts, but hesitancy to boost investment or allocate more resources when needed can be detrimental to their growth.

Rashmi Kumar

Family businesses are faster to react to “discontinuous change” than their non-family counterparts, but hesitancy to boost investment or allocate more resources when needed can be detrimental to their growth.

Family business roundup: Profit falls at Heineken and Peugeot polls apart

Two European family businesses have reported contrasting results for 2011 – while automobile-manufacturer Peugeot Citroen has been dragged down by loss in its core division, Dutch brewery Heineken has taken advantage of the booming emerging markets to offset decline in Europe.

Rashmi Kumar

Automobile-manufacturer Peugeot Citroen has been dragged down by loss in its core division while Dutch brewery Heineken has taken advantage of the booming emerging markets to offset decline in Europe.

Family business behind Empire State Building to go public

The family behind Malkin Holdings, which controls the iconic Empire State Building, plans to list its shares on the New York Stock Exchange to boost liquidity at the family business.

Rashmi Kumar

The family behind Malkin Holdings, which controls the iconic Empire State Building, plans to list its shares on the New York Stock Exchange to boost liquidity at the family business.

Wendel targets “same DNA” family businesses

French investment company Wendel, controlled by the eponymous family, is targeting other family businesses in Europe for acquisitions, thanks to a similarity in “DNA”.

Rashmi Kumar

French investment company Wendel, controlled by the eponymous family, is targeting other family businesses in Europe for acquisitions, thanks to a similarity in “DNA”.