The Inescapable Influence of Money on the Family Enterprise
Finance / Wealth Management

The Inescapable Influence of Money on the Family Enterprise

Thanks to FFI Fellow, Randy Waesche, Resource Management LLC, for focusing our attention on the concepts, impacts and effects of money on multi-generational companies – and for his suggestion that advisors and consultants to these enterprises pay more attention to this “inescapable influence.” Yours in Practice, The Practitioner The Inescapable Influence of Money on the … Continue reading

Research Applied: <i>FBR</i> Précis for the Practitioner
Accounting / Family Business / Family Enterprise / Finance / Issues in the Family Enterprise

Research Applied: FBR Précis for the Practitioner

The last in this year’s précis of FBR articles. Thanks to all précis authors in 2015 and especially to FBR assistant editor Karen Vinton for organizing this series. Go here for Judy Green’s précis on Agency, Stewardship and the Universal-Family Firm: A qualitative historical analysis (Authors: Sarah Drakopoulou Dodd, Bruno Dyck) Go here for Kenneth … Continue reading

Agency, Stewardship and the Universal-Family Firm: A qualitative historical analysis
Accounting / Family Business / Family Enterprise / Finance / Issues in the Family Enterprise

Agency, Stewardship and the Universal-Family Firm: A qualitative historical analysis

(Authors: Sarah Drakopoulou Dodd, Bruno Dyck) Research Applied précis prepared by Judy Green, President, Family Firm Institute When FBR was first published in 1988, a year which many business historians now consider to be the founding of the family business research field, there were virtually no conceptual models to guide authors, topics, or the general … Continue reading

The Influence of Family Ownership on Long-Lived Asset Write-Offs
Accounting / Family Business / Family Enterprise / Finance / Issues in the Family Enterprise

The Influence of Family Ownership on Long-Lived Asset Write-Offs

(Authors: Giulio Greco, Silvia Ferramosca and Marco Allegrini) Research Applied précis prepared by Kenneth Moores, Moores Family Enterprise and Bond University Evidence continues to mount on the differences between family and nonfamily firms. Differences that manifest in both the resourcing of, and reporting about, their enterprises. Not only do we now know where, why, and … Continue reading

Myths and Realities: Roles and their overlap
Accounting / Advising / Consulting / Family Business / Family Enterprise / Finance / Wealth Management

Myths and Realities: Roles and their overlap

The first in the August series on “Myths and Realities: Roles and their overlap.” Go here for Cathy Carroll’s article Myth: The Goal of Any Family Business is to Maximize Profits. Go here for Barry Goodman’s article Are the Myths Your Clients Believe about Value Hurting Their Family Business?       Continue reading

Myth: The goal of any family business is to maximize Profits
Accounting / Advising / Consulting / Family Business / Family Enterprise / Finance / Wealth Management

Myth: The goal of any family business is to maximize Profits

A case: One beautiful, sunny day, Edward, 73, sat back at his desk and assessed his life. He was living the dream—with one exception. He had several homes, a devoted second wife, and he spoke with his best friends every day. However, his business was failing. Over the past ten years, he had hired many … Continue reading