At an impasse about the future

Article Abstract:

John Henderson, 73, would like to continue his involvement in the pharmaceutical firm in which he owns half interest. However, the other active owners would like to decrease their levels of company involvement. Two experts advise Henderson and his partners on leadership transition.

author: Tow, Stephan, Blackford, Vivien
Methods, Column, Succession planning (Business)

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A widow's dilemma

Article Abstract:

A case study is given of a widow who inherited an insolvent company upon her husband's death. The true case is commented on by members of Family Firm Institute, of Johnstown, N.Y. Their viewpoints include recapitalizing or saving the business.

author: Cohn, Mike, Baudoin, Peter, Paul, J. Joseph
Economic aspects, Debt

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Turmoil revisited

Article Abstract:

A case is presented of a son who dropped out of his father's business when he was younger because of family rivalry. He and his wife now face some decisions to avoid a similar crisis in his own business.

author: Cohn, Mike
Psychological aspects, Children and adults, Adult-child relations

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subjects list: Management, Family-owned business enterprises, Family-owned businesses
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