Case Number: 7-404-750, Year Published: 2005, Revision Date: August 31, 2009
HBS Number: KEL284
Family Business, Succession, Succession Planning, Intermingling Family and Business Money, Supporting Adult Offspring, Competition
The case looks at Thomas Mann’s fiction novel Buddenbrooks and traces the family business trajectory of the family at the center of the novel. Many family business issues are raised, including succession, intermingling of family and business money, supporting adult offspring, and competition.Is the saying “from shirtsleeves to shirtsleeves” inevitable in a multi-generation family business?
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