Keeping it in the family

Article Abstract:

Family companies that are successful from years and those family companies that have failed to cope with a changing environment or have imploded due to internal family tensions are discussed. The reasons obtained by the survey of family firms that shows board structure and family leadership succession for the failure of family companies are explained.

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Succession planning in family businesses

Article Abstract:

The process of planning business succession at family-owned companies is discussed. Additional information on services provided by accountants as financial advisers in the above mentioned situation is also included.

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Goodbye, number cruncher

Article Abstract:

It is argued that accounting profession stereotypes must be changed if the profession is to shake off its criminal image.

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