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Family Business

Volume 3, 2013

Family businesses are an undeniably vital part of the global economy: almost 200 of the world’s top 500 firms are run by families and it is estimated that last year more than half of the richest companies across the globe were family-owned firms. In China, the next 10 to 20 years will be a critical period as first-generation business owners pass the baton to the second generation. In this Cover Story, TheLINK takes a look at how CEIBS is helping to shape the on-going debate about family business and family heritage, and we bring you stories from France, Spain, Singapore and China. At various stages of their development, these family enterprises range from second-generation to fifth and many of the interviewees participated in the 2nd China Family Heritage Forum hosted by CEIBS on June 1.

Read on for:

  • Family Ties
  • Outtakes from the 2nd China Family Heritage Forum
  • Five Generations of Expertise
  • Spanish Company Banks on Tradition & Building Relationships
  • Ho Renhua: Banyan Tree’s Second Generation
  • HCG: United Family, Successful Business