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rivalry

November 3, 2021

Family businesses often grow in an unstructured way, leading to a culture of informality. As a result, basic employment law documents can get overlooked and family members are not issued with employment contracts or subject to formal policies. This can leave the business exposed when issues arise as neither the business nor the family member have a ‘rule book’ to follow.

Family businesses often grow in an unstructured way, leading to a culture of informality. As a result, basic employment law documents can get overlooked and family members are not issued with employment contracts or subject to formal policies. This can leave the business exposed when issues arise as neither the business nor the family member have a ‘rule book’ to follow.

October 18, 2021

Walmart heir Lukas Walton makes impact investments in food and environment sustainability, Chick-fil-A heiress joins Cathy family’s billionaire ranks, Family-owned Ferrero sweetens investments in US and UK.

Walmart heir Lukas Walton makes impact investments in food and environment sustainability

Lukas Walton, a next generation member of the Walmart dynasty, has launched a new impact investing platform inspired by the all-natural diet he says helped him recover from cancer as a child.

January 20, 2021

Two brothers sharing ownership in a successful fourth-generation concrete business had a bitter falling-out triggered by an unlikely issue: a sailboat. The older sibling accused his younger brother of dipping into the company till to support his racing habit.

Two brothers sharing ownership in a successful fourth-generation concrete business had a bitter falling-out triggered by an unlikely issue: a sailboat. The older sibling accused his younger brother of dipping into the company till to support his racing habit.

July 1, 2007

It is inevitable that brothers and sisters will clash and argue. While this is bad enough at home, it can do serious damage to a family business. Tom Davidow explains why brothers suffer more than sisters and how these clashes can be avoided

Tom Davidow is founder and principal of Thomas D Davidow & Associates, based in Brookline, MA.

It is inevitable that brothers and sisters will clash and argue. While this is bad enough at home, it can do serious damage to a family business. Tom Davidow explains why brothers suffer more than sisters and how these clashes can be avoided

September 1, 2002

Sibling rivalry is an added complication in the life of a family business and has the potential to destroy both families and their businesses. Achieving a harmonious partnership requires commitment and is a challenge that needs to be faced with conviction

Paul Hennessy is the partner-in-charge of PricewaterhouseCoopers' Family Business Service practice in Ireland.

Sibling rivalry is an added complication in the life of a family business and has the potential to destroy both families and their businesses. Achieving a harmonious partnership requires commitment and is a challenge that needs to be faced with conviction

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