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How Values Dilemmas Underscore the Difficult Issues of Governing the Large, Enterprising Family


The values and cultures of successful family businesses have long been acclaimed but rarely examined. This book attempts to rectify that. Featuring cross-Atlantic contributions from Bocconi, Harvard, London Business School, Kellogg, and others, this important compilation assembles leading research by those who pioneered the field before it became popular. It addresses real issues that family business owners face on a daily basis, from strategy and governance, to culture and performance, fostering professional interactions that will no doubt stimulate further research on this special subject. Introduction; John L. Ward TRANSFERING VALUES SESSION Learning from Practice: How to Avoid Mistakes in Succession Processes; G.Corbetta The Shape of Things to Come- Emotional Ownership and the Next Generation in the Family Firm; N.Nicholson Abernberg. EFFECTIVE GOVERNANCE SESSION Power as service in Family Business; M.A.Gallo A Classification Scheme for Family Firms: From Family Values To Effective Governance To Firm Performance; P.Sharma M.Nordqvist How Values Dilemmas Underscore the Difficult Issues of Governing the Large, Enterprising Family; John.L. Ward FAMILY BUSINESS PATTERNS SESSION Towards a Typology of Family Business Systems; J.A Davis Embeddedness of Owner-Managers The Moderating role of values; S.Klein Single Family Office: The Art of Effective Wealth Management; H.Liechtenstein, R.Amit, M. J.Prats and T.Millay FAMILY BUSINESS VALUES SESSIONS The Impact of Family Business on Society; F.Casado Fair Process & Emotional Intelligence; L.Van der Heyden and Q.Huy Family Firms and the Contingent Value of Board Interlocks: the Spanish Case; E.Salvaj, F.Ferraro and J.T pies Conclusion JOSEP TPIES is Professor in the department of Strategic Management and Chair of Family-Owned Business at IESE. As well as teaching in Europe and Latin America, he is a board advisor for the Spanish Association of Consultants and Academics of Family Business. He has published numerous articles and books on family business and other topics. JOHN WARD is Clinical Professor of Family Enterprises at Kellogg School of Management, Illinois, United States. He is a regular visiting lecturer at Hong Kong University of Science and Technology, Indian School of Business, and IESE Business School. He is also a principal with The Family Business Consulting Group International, and author of several leading texts and articles. He has 30 years experience of strengthening successful families in business.


Book Chapter


John L. Ward

Date Published



Ward, John L.. 2008. How Values Dilemmas Underscore the Difficult Issues of Governing the Large, Enterprising Family.


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