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  • All HBS Web  (3,788)
    • People  (12)
    • News  (1,361)
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  • summer 1996
  • Article

Bivalent Attributes of the Family Firm

By: J. A. Davis and R. Tagiuri
Keywords: Family Business
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Davis, J. A., and R. Tagiuri. "Bivalent Attributes of the Family Firm." Family Business Review (summer 1996).
  • Article

How Are U.S. Family Firms Controlled?

Keywords: Family Business; United States
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Villalonga, Belen, and Raphael Amit. "How Are U.S. Family Firms Controlled?" Review of Financial Studies 22, no. 8 (August 2009): 3047–3091. (Previously titled "Benefits and Costs of Control-enhancing Mechanisms in U.S. Family Firms." Winner of the ECGI - Standard Life Investments Finance Prize and the Family Firms Institute Best Unpublished Research Award.)
  • October 2024 (Revised January 2025)
  • Case

MDH Partners: Evolving a Family Legacy

By: Christina R. Wing and Sarah Mehta
This case is about succession planning for MDH Partners, an Atlanta-based industrial real estate investment firm founded in 2005. When Jeffrey Small, Jr. cofounded MDH Partners, he named the company in honor of his grandfather, Mark Durward (MD) Hodges, an early... View Details
Keywords: Buildings and Facilities; Business Ventures; Ownership; Business Exit or Shutdown; Family Business; Management Succession; Personal Development and Career; Financial Services Industry; Real Estate Industry; United States; Georgia (state, US); Atlanta
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Wing, Christina R., and Sarah Mehta. "MDH Partners: Evolving a Family Legacy." Harvard Business School Case 625-001, October 2024. (Revised January 2025.)
  • April 2000 (Revised July 2000)
  • Case

Family Feud (B): Andersen versus Andersen

By: Ashish Nanda
Arbitration proceedings have been initiated between Andersen Consulting and Arthur Andersen. The case details developments during 1999 and 2000, as the arbitration nears a decision. View Details
Keywords: Business Exit or Shutdown; Service Industry; Consulting Industry; United States
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Nanda, Ashish, and Scott D Landry. "Family Feud (B): Andersen versus Andersen." Harvard Business School Case 800-210, April 2000. (Revised July 2000.)
  • October 2022 (Revised January 2023)
  • Case

Century Bank: Closing Time?

By: Lauren Cohen, Grace Headinger and Bill Kwon
Barry Sloane, second-generation Chairman, President, and CEO of his family’s bank, Century Bank, weighed whether to sell to Eastern Bank. As a small regional bank, Century faced a number of challenging trends, such as digitization and market share decline in the coming... View Details
Keywords: Family Office; Business Exit; Banking; Family; Massachusetts; Boston; United States; Acquisition; Business Exit or Shutdown; Family Business; Family and Family Relationships; Interpersonal Communication; Decision Making; Finance; Banks and Banking; Risk and Uncertainty; Emotions; Banking Industry; Boston; Massachusetts; United States
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Cohen, Lauren, Grace Headinger, and Bill Kwon. "Century Bank: Closing Time?" Harvard Business School Case 223-040, October 2022. (Revised January 2023.)
  • August 2016
  • Teaching Note

Augustine Heard & Co.: Building a Family Business in the China Trade (A) and (B)

By: William C. Kirby and Joycelyn W. Eby
Teaching Note for cases 316-185 and 316-186. View Details
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Kirby, William C., and Joycelyn W. Eby. "Augustine Heard & Co.: Building a Family Business in the China Trade (A) and (B)." Harvard Business School Teaching Note 317-018, August 2016.
  • 13 Oct 2011
  • Conference Presentation

Family Enterprises: Beyond the Three Circles

By: John A. Davis, A. Kinkade and J. Richardson
Keywords: Family Business
Citation
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Davis, John A., A. Kinkade, and J. Richardson. "Family Enterprises: Beyond the Three Circles." Paper presented at the Family Firm Institute Annual Conference, Boston, MA, October 13, 2011.
  • 2009
  • Chapter

On the Goals of Successful Family Companies

By: John A. Davis and Renato Tagiuri
Providing clear goals for a company and communicating them are among the most powerful means for guiding the behavior of the people in an organization. In this article, we explore the range of objectives or goals of family-owned and -managed companies and identify... View Details
Keywords: Family Business; Interpersonal Communication; Goals and Objectives; Organizational Culture; Family Ownership
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Davis, John A., and Renato Tagiuri. "On the Goals of Successful Family Companies." Chap. 17 in Family Business. Vol. 12, edited by Joseph H. Astrachan, Torsten M. Pieper, and Peter Jaskiewicz. International Library of Critical Writings on Business and Management. Northampton, MA: Edward Elgar Publishing, 2009.
  • April 2014
  • Teaching Note

From Beijing Jeep to ASC Fine Wines: The Story of an American Family Business in China

By: William C. Kirby and Erica M. Zendell
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Kirby, William C., and Erica M. Zendell. "From Beijing Jeep to ASC Fine Wines: The Story of an American Family Business in China." Harvard Business School Teaching Note 314-130, April 2014.
  • Research Summary

Overview

By: Kevin P. Mohan
Kevin Mohan is currently researching negotiations in private company contexts, including topics such as financings, compensation systems, budgeting and planning, recruiting, and succession. View Details
Keywords: Compensation; Succession; Family Business; Negotiation; Negotiation Process; Private Ownership; Finance; Compensation and Benefits; Budgets and Budgeting; Recruitment; Management Succession
  • September 1998
  • Article

The Social Psychology of Family Shareholder Dynamics

By: J. A. Davis and Rita M. Herrara
Keywords: Social Psychology; Business and Shareholder Relations
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Davis, J. A., and Rita M. Herrara. "The Social Psychology of Family Shareholder Dynamics." Family Business Review (September 1998).
  • 27 Jan 2014
  • Research & Ideas

Family CEOs Spend Less Time at Work

the Strategy unit at Harvard Business School who studies the curious relationship between managerial incentives and motivation. “Family CEOs are a very interesting group” "Family CEOs are a very interesting group," says Sadun, coauthor of... View Details
Keywords: by Carmen Nobel
  • 2010
  • Working Paper

The Role of Institutional Development in the Prevalence and Value of Family Firms

We investigate the role played by institutional development in the prevalence and value of family firms, while controlling for the potential effect of cultural norms. China provides a good research lab since it combines great heterogeneity in institutional development... View Details
Keywords: Family Business; Governing Rules, Regulations, and Reforms; Data and Data Sets; Law; Management; Organizational Culture; Research; Value; China
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Amit, Raphael, Yuan Ding, Belen Villalonga, and Hua Zhang. "The Role of Institutional Development in the Prevalence and Value of Family Firms." Harvard Business School Working Paper, No. 10-103, May 2010.
  • March 2009 (Revised April 2011)
  • Course Overview Note

Growing, Financing, and Managing Family and Closely Held Firms: Overview of the Course

By: Belen Villalonga
Most companies around the world are controlled by their founding families, including more than half of all public corporations in the U.S. and Europe and more than two thirds of those in Asia. These companies are the subject of the Financial Management of Family and... View Details
Keywords: Family Business; Financial Management; Corporate Governance; Governing and Advisory Boards; Family Ownership; Business and Stakeholder Relations; Valuation
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Villalonga, Belen. "Growing, Financing, and Managing Family and Closely Held Firms: Overview of the Course". Harvard Business School Course Overview Note 209-137, March 2009. (Revised April 2011.)
  • spring 1992
  • Article

On the Goals of Successful Family Companies

By: J. A. Davis and R. Tagiuri
Keywords: Family Business; Success
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Davis, J. A., and R. Tagiuri. "On the Goals of Successful Family Companies." Family Business Review (spring 1992).
  • 29 Nov 2021
  • Research & Ideas

How Bonuses Get Employees to Choose Work Over Family

pay—and that has the potential to lay the groundwork for an overworked, unhappy existence, according to research by Ashley Whillans, an assistant professor in Harvard Business School’s Negotiation, Organizations, and Markets Unit. The... View Details
Keywords: by Rachel Kim Raczka
  • September 2023
  • Technical Note

Note on Difficult Conversations in the Family Enterprise

By: Christina R. Wing
The best time to have a difficult conversation is, ideally, as soon as possible. Engaging in challenging conversations early can produce beneficial results for several reasons, such as resolving issues, improving communication, preserving relationships, and increasing... View Details
Keywords: Conversation; Family Business; Interpersonal Communication; Conflict and Resolution
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Wing, Christina R. "Note on Difficult Conversations in the Family Enterprise." Harvard Business School Technical Note 624-044, September 2023.
  • June 2012
  • Background Note

Note on Financing Growth in Family Firms

By: Belen Villalonga
Keywords: Business Growth and Maturation; Family Business; Private Equity; Joint Ventures; Initial Public Offering
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Villalonga, Belen. "Note on Financing Growth in Family Firms." Harvard Business School Background Note 212-121, June 2012.
  • July 2005 (Revised August 2005)
  • Case

Family Governance at the Cousin Consortium Stage (VHS)

By: Courtney Sampson and John A. Davis
Keywords: Governance; Family Business
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Sampson, Courtney, and John A. Davis. "Family Governance at the Cousin Consortium Stage (VHS)." Harvard Business School Multimedia/Video Case 805-161, July 2005. (Revised August 2005.)
  • October 2024 (Revised January 2025)
  • Case

Citizens of the World: The International Legacy of Gloria von Thurn und Taxis

By: Lauren Cohen, Maximilian Form and Sophia Pan
When her husband passed away and inheritance taxes struck, Princess Gloria von Thurn und Taxis took decisive action to preserve her family’s fortune and legacy. The Thurn und Taxis family, one of Europe’s oldest aristocratic dynasties, had built their wealth through... View Details
Keywords: Family Office; Real Estate; Legacy; International Business; Family Business; Economy; Macroeconomics; Financial Crisis; Financial Liquidity; Investment; Global Strategy; Reputation; Diversification; Wealth; Taxation; Germany
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Cohen, Lauren, Maximilian Form, and Sophia Pan. "Citizens of the World: The International Legacy of Gloria von Thurn und Taxis." Harvard Business School Case 225-038, October 2024. (Revised January 2025.)
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