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Leadership decisions can be especially challenging for family companies. Warner Bros. Discovery

Should family members be in charge of family businesses? We analyzed 175 studies to understand when having a family CEO pays off

Family businesses face unique considerations when making leadership decisions.
While family owners can sometimes be bad for business, they can also be beneficial in many ways. (Shutterstock)

Corporate social responsibility: Why family businesses get more bang for their buck than non-family firms

By investing in corporate social responsibility initiatives, family-owned businesses can make financial gains while also making positive societal contributions.
Sometimes holding onto traditions can be a hindrance to the success of family businesses, but there are ways to innovate while also honouring them. (Andrea Piacquadio/Pexels)

How to manage traditions for the continued success of the family business

Traditions shouldn’t be thrown out since they often provide a vital foundation for the family business. But they also shouldn’t be rigidly enforced.

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