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What Sets Family Businesses Apart

HBR IdeaCast

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Ownership Dynamics in Family Businesses

This chapter explores the unique characteristics and challenges faced by family businesses, particularly emphasizing ownership dynamics. It contrasts family business ownership with public company ownership, illustrating how personal relationships shape decision-making and business direction. The discussion highlights the distinct rights of family business owners, their commitment to values beyond profit, and the influence of next-generation voices on sustainability and social responsibility.

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