Summer 1998

  • Summer 1998

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In this issue

  • Buying Bargain Assets from the Firm is Risky

    It is common for family shareholders to buy assets from the family business. For example, an owner may purchase real estate that the company had obtained years earlier and can afford to sell at a low price. The owner may then lease the property back to the company for business use. The transaction enables the owner to aquire property cheaply and enjoy a rental income for personal use.

  • Spotting Executive Blind Spots

    Many leaders of family firms realize they no longer can afford to tolerate marginal performance in executive jobs. These CEOs are determined to meet the higher standards of performance now demanded in a tougher, more unruly marketplace. They realize that advances in information technology, for example, are eliminating protected niches where many family firms traditionally have flourished.

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