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Ownership and Management

A court in Stuttgart, Germany, has dismissed a lawsuit brought against Porsche SE – the investment company that controls the eponymous German carmaker – by a group of hedge funds seeking €1.4 billion in damages.

A court in Stuttgart, Germany, has dismissed a lawsuit brought against Porsche SE – the investment company that controls the eponymous German carmaker – by a group of hedge funds seeking €1.4 billion in damages. 

Majid and Badr Jafar are busy guiding Crescent Group through expansion in Iraq, embracing global diversification, and tackling family governance. They are also sounding the alarm over the bulge in Arab youth unemployment, and the $700 billion family business governance time bomb. CampdenFB reports 

Family business leaders who think they “know best” and adopt a paternalistic leadership style can lead to unsuccessful succession transitions, according to new research, by leading to feelings of dissatisfaction and inertia in the next generation.

Third-gen Market Basket chief executive Arthur T DeMoulas has suffered a blow in the latest round of the longstanding feud with his cousin Arthur S over the running of the multi-billion-dollar family business – a supermarket chain based in Massachusetts, US.

Lego's annual results for 2013 have seen it become the world's most profitable toymaker – just a decade after the Danish family firm was teetering on the edge of bankruptcy.  

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