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Italy

December 18, 2011

Family businesses are the backbone of Italy’s economy but governance seems to be their biggest challenge, with many family firms struggling when it comes to integrating non-family executives.

Family businesses are the backbone of Italy’s economy but governance seems to be their biggest challenge, with many family firms struggling when it comes to integrating non-family executives and expanding the business, according to a leading academic.

Guido Corbetta, professor of family business at Bocconi University, told CampdenFB that companies with concentrated ownership and leadership structures, typically with few family members involved, tend to work best.

August 11, 2011

Properties in Tuscany, Lake Como, Cortina and Porto Cervo continue to attract the world’s wealthy. Italian properties are considered not just a short-term investment, but a long-term lifestyle choice. CampdenFO (CampdenFB's sister publication) takes a look at some of the most prestigious properties currently being sold in Italy in an interactive graphic.

Properties in Tuscany, Lake Como, Cortina and Porto Cervo continue to attract the world’s wealthy. Italian properties are considered not just a short-term investment, but a long-term lifestyle choice. CampdenFO (CampdenFB's sister publication) takes a look at some of the most prestigious properties currently being sold in Italy in an interactive graphic.

July 4, 2011

Arguably, there is no country in the world where the word family means more than in Italy. After all, the Latin word that family is derived from—familia, meaning “family servants, domestics”—originated in Ancient Rome. CampdenFB takes a look at some of the leading Italian family businesses in an interactive graphic.

Arguably, there is no country in the world where the word family means more than in Italy. After all, the Latin word that family is derived from—familia, meaning “family servants, domestics”—originated in Ancient Rome.

May 6, 2011

Law firm Withers has added three new members to its Milan office as part of its strategy to increase its services for family businesses in Italy.

Law firm Withers has added three new members to its Milan office as part of its strategy to increase its services for family businesses in Italy.

Roberta Crivellaro, managing partner at Withers’ Milan branch told CampdenFB: “Running a family firm, especially in Italy, is no easy business, but we are committed to making sure that our clients have the smoothest ride possible by building each and every one of our practices that together cater for the complicated world of the family business.”

May 4, 2011

In a major new survey, Campden FB has compiled a list of the top 50 family business leaders in the world.

In a major new survey, Campden FB has compiled a list of the top 50 family business leaders in the world.

With the aid of four senior family experts from the world's leading business schools - Randal Carlock from INSEAD; Joachim Schwass from IMD; Kavil Ramachandran from Indian School of Business; and John Ward from Kellogg School of Management – Campden has sifted through loads of data to compile the final list. The top five places went to John Elkann, Azim Premji, Güler Sabanci, Guido Barilla and Ratan Tata.

March 23, 2011

News that the Italian government is looking to protect local companies against unwanted takeovers is likely to be greeted with relief among family businesses in the country – at least in the immediate future.

News that the Italian government is looking to protect local companies against unwanted takeovers is likely to be greeted with relief among family businesses in the country – at least in the immediate future.

But longer-term pressures on family businesses in Italy won't be resolved by government intervention. Nor for that matter will they be anywhere else in the world.

February 23, 2011

Founder and chairman of family-controlled eyewear group Luxottica, Leonardo Del Vecchio, has resigned from the board of insurance firm Assicurazioni Generali due to concerns over the company’s governance, say various reports.

Founder and chairman of family-controlled eyewear group Luxottica, Leonardo Del Vecchio, has resigned from the board of insurance firm Assicurazioni Generali due to concerns over the company’s governance, say various reports.

February 8, 2011

Chief executive of carmakers Fiat and Chrysler, Sergio Marchionne, is facing wrath from Italy and the US for his comments on shifting Fiat’s headquarters, and describing the interest rates charged on American bailout loans as “shyster”.

Chief executive of carmakers Fiat and Chrysler, Sergio Marchionne, is facing wrath from Italy and the US for his comments on shifting Fiat's headquarters, and describing the interest rates charged on American bailout loans as "shyster".

January 13, 2011

Turin and Wolfsburg might not have much in common at first glance, writes David Bain.

Turin and Wolfsburg might not have much in common at first glance, writes David Bain.
 
For one thing, Wolfsburg is in Germany and has a population of just over 100,000, whereas Turin is in Italy with nearly one million inhabitants. It's probably also fair to say that the temperament of each other's citizens might have little in common.  
 
But there is one thing that unites both of these towns – car making.
 

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