Family Business, 5th Edition

Ernesto J. Poza, Mary S. Daugherty

Copyright 2018
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Family Business 5th Edition by Ernesto J. Poza/Mary S. Daugherty

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Overview
Meet the Authors
Table of Contents
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Overview

FAMILY BUSINESS provides the next generation of family business owners with the knowledge and skills needed for the successful management and leadership of the family enterprise. The author, Ernesto Poza, uses both text and cases to explore a diverse set of family firms, examining the interrelationships between the owners, the family, and the management team.

Meet the Authors

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Ernesto J. Poza

Ernesto Poza is a professor for the Global Entrepreneurship and Family Enterprise at the Thunderbird School of Global Management. His research interests are in the areas of family business continuity, growing the family-led business, governance of family business, and family culture.

Mary S. Daugherty

Mary’s research and consulting interests focus on the impact of board and family governance on valuation. Mary is a frequent speaker on a variety of private business valuation topics and consults with private businesses on valuation, governance, and succession issues. She has published both in academic and practitioner journals on these topics.

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PART I: THE FAMILY BUSINESS: ITS UNIQUE ADVANTAAGES AND CHALLENGES.
1. The Nature, Importance, and Uniqueness of Family Business.
2. The Family Dynamics Challenge.
3. The Ownership Challenge.
4. The Governance and Professionalization Challenge.
Part 1 Cases:
Case 1. The Binghams and the Louisville Courier-Journal Companies.
Case 2. Power Play at the Inn.
Case 3. The Ferre Media Group.
Case 4. ?She?ll Always Be My Little Sister?.
Case 5. The Vega Food Company.
PART II: SUCCESSION AND SUSTAINABILITY.
5. Assessing the Family Business and Creating Conditions for the Continued Spirit of Enterprise.
6. Succession: Next Generation Development and Successor Selection.
7. Succession and the Transfer of Power.
8. Change, Adaptation, and Innovation: The Future of Family Business.
Part 2 Cases:
Case 6. Gupta Garments and Amit?s First 100 Days.
Case 7. The Ambivalent CEO of the Construction Company.
Case 8. Adams Funeral Home.
Case 9. The Cousins Tournament.
Case 10. Reliance Industries (Part A).
Case 11. Roberts Real Estate: Trans-generational Entrepreneurship or Troubled Succession?
PART III: BEST PRACTICES FOR THE MANAGEMENT AND GOVERNANCE OF THE FAMILY BUSINESS.
9. Governance of the Family Business: Boards of Directors and Shareholder Meetings.
10. Governance of the Business Family: Family Meeting, Councils, and Family Offices.
11. Strategic Planning and Transgenerational Entrepreneurship.
12. Estate Planning.
13. The Owners Plan.
14. Financial and Wealth Management in the Family Business.
15. Key Nonfamily Management: The Visible Commitment to Managing the Family Business Professionally.
Part 3: Cases.
Case 12. Fasteners for Retail (Part A).
Case 13. Gome Electrical Appliances Holding Limited.
Case 14. The Son-in-Law.
Case 15. Reliance Industries (Part B).
PART IV: ADDITIONAL CASES (AVAILABLE ONLINE).
Index.

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