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How did your own experiences influence your views on the manufacturing industry? Terry M. Iverson, CHAMPION Now! founder: The family business my grandfather founded has served four generations well. We [...]

IN A RAPIDLY EVOLVING WORLD, guiding an organization to be responsive is a formidable challenge. Building a business for long-term success requires focusing on big-picture, sustainable decisions and being prepared [...]

There is no more important decision for a board than selecting a future CEO. Whether it be for a Fortune 500 company, a health system or a generational family business, [...]

IN THE HEART OF THE ARKANSAS DELTA, Hallie Shoffner has a legacy to uphold. As a sixth-generation farmer in a town incorporated by her ancestors, she's spent the past five [...]

While prior literature suggests that family firms with a positive corporate image are associated with superior financial performance, their effectiveness in creating firm brand value is not well understood. In this paper, we use Interbrand's global brand value data published between 2001 and 2017 to examine the effect of family ownership and family-named firms on brand value creation. Our findings indicate that within the sample of large global firms, family firms exhibit lower brand value compared to nonfamily firms. Moreover, after controlling for agency cost variables, effective corporate governance does not improve brand value for family firms. Cross-sectional analyses reveal that the difference in brand value between family and nonfamily firms is attributable to those family firms whose founders do not hold significant power. Furthermore, we observe that family firms, whether they have a family name as part of their company name, tend to have lower brand value than nonfamily firms. Keywords Brand value, Family firm, Family management, Family firm name., 1. Introduction Family firms play a vital role in the U.S. economy, representing about 35 percent of companies listed on the Standard & Poor's 500 Index, employing a significant portion [...]

You've heard it plenty of times and maybe even said it yourself: 'It's not personal. It's business.' Among other well-known cinematic examples this 'don't be upset with me' philosophy is [...]

In its 45th year, Precision Molded Plastics has carved out a technology and market niche, growing not just when opportunities arise but when they make sense, after its leader changed [...]

Africa's youngest billionaire, Mohammed Dewji, predicts that the revenue of his family business MeTL will top $3bn this year, and he plans to double employment to 10,000 in five years. [...]

Kimball Equipment Co. will be celebrating 80 years in business in 2026. The third-generation, family-owned company has evolved into one of the largest equipment dealers serving the aggregate industry, with [...]

IN THIS ISSUE The Crime of Human Movement Coco Fusco Welcome the Wretched: In Defense of the “Criminal Alien” by César Cuauhtémoc García Hernández. The New Press, 270 pp., $27.99 [...]

Byline: STEPHEN KELLY For actor John David Washington, the son of double Oscar-winner Denzel, new Netflix movie The Piano Lesson is a family affair. The adaptation of August Wilson's 1987 [...]

The Berry and Rudd families, owners of the esteemed London wine merchant Berry Bros & Rudd, have raised concerns over recent inheritance tax reforms that could threaten the future of [...]

Rachel Reeves has been warned that she is putting small businesses at risk following her Budget tax changes. The chancellor unveiled a range of tax hikes and allowance tweaks during [...]

Sir James Dyson has strongly criticised Chancellor Rachel Reeves' latest Budget, describing the new inheritance tax policy as a 'spiteful' move that threatens the future of family businesses in the [...]

Byline: Shivam Mishra Schuman Cheese, a US-based family-owned business, has acquired Trugman-Nash from local peer Allied Dairy for an undisclosed sum. New York’s Schuman said it has added a range [...]

InVOGUE Profile CRAFTED in TIME In an interview with [I.Vogue] Singapore's editor-in-chief Desmond Lim, Sophie Delafontaine, the artistic director of Longchamp, delves into the brand's spring/summer 2025 collection as well [...]

In a major shift affecting family-owned businesses, the Chancellor has announced that Business Property Relief (BPR) will be reduced to 50% from April 2026, exposing thousands of family firms to [...]

JR Wealth Management, a provider of wealth management solutions, reported the launch of its Family Office service, Wealth Preserver, designed to address the unique complexities of managing substantial wealth across [...]

Byline: Vishnu Priyan Foodservice giant Sysco Corporation has acquired Campbell's Prime Meat, a meat and fish supplier based in Scotland. Campbell's Prime Meat, a family-owned business established over 100 years [...]

Jane Lauder, beauty magnate Este Lauder's granddaughter, is leaving the family-run company. Her departure comes after Este Lauder announced its CEO, Fabrizio Freda, is stepping down. Lauder is no longer [...]

Byline: Marc Lutz It's one thing to have a company in the same industry speak highly of another company's work. It's quite another when more than one tout a company's [...]

Byline: LIBN Staff Allan CohenManaging Partner, Long Island Office Nixon Peabody LLPAllan Cohen serves as managing partner of the Long Island office of Nixon Peabody, an international, full-service law firm [...]

In This Issue / Analysis A fantastic family firm going cheap James Halstead will rebound from a weak patch, while tax changes would be a buying opportunity, says Jamie Ward [...]

Byline: Marc Lutz Small businesses are the lifeblood of any local economy. They tend to employ local workers who in turn spend their pay in the community. As those businesses [...]

Byline: IBR Staff Owner: John Forsythe Years in business: 32 Number of employees: 70 Location: Meridian, Idaho Truly a family company, 1,4GROUP, Inc., has overcome many challenges to grow from [...]

Byline: IBR Staff Owners: Dan and Sue Balluff Years in business: 15 Number of employees: 15 Location: Boise, Idaho In 2009, Dan Balluff 'went nuts' and left the tech industry [...]

Byline: IBR Staff Owner: Sergio Olivas Years in business: 8 Number of employees: 10 Location: Homedale, Idaho With a focus on finish carpentry services, including installing molding, door and window [...]

Byline: IBR Staff Owner: Majority owned by the Evans family Years in business: 120 years Number of employees: 459 Location: Burley, Idaho With more than $3.2 billion in assets, D.L. [...]

Byline: IBR Staff Owners: Brent Crane and Jaron Crane Years in business: 60 Number of employees: 31 Location: Nampa, Idaho In business for six decades, Crane Alarm Service 'provides full [...]

Byline: IBR Staff Owners: Kody Ketterling and Jayme Ketterling Years in business: 5 Number of employees: 11 Location: Twin Falls, Idaho Looking for ways to expedite the daily processes in [...]

Byline: IBR Staff Owner: Alan Fox Years in business: 30 Number of employees: 20 Location: Boise, Idaho Seeing a need for more cost-effective office furniture, Alan Fox started New Life [...]

Byline: IBR Staff Owners: Robert K. Drinkard and Holly K. Drinkard Years in business: 52 Number of employees: 50 Location: Nampa, Idaho A full-service commercial and residential roofing company, Western [...]

Byline: IBR Staff Owners: Brian Sielaff and Doug Hardin Years in business: 21 Number of employees: 42 Location: Meridian, Idaho Spanning five market sectors in commercial, manufacturing, facilities, modular and [...]

Byline: IBR Staff Owners: Cordy and Kim Rost Years in business: 17 Number of employees: 425 Location: Caldwell, Idaho It must be a family business if it's named after the [...]

Byline: IBR Staff Owners: Bill Martin, Meika Martin and Derek Martin Years in business: 20 Number of employees: 200 Location: Garden City, Idaho Bill Martin, a military veteran and former [...]

Byline: IBR Staff Owner: Justin Stibrany Years in business: 14 Number of employees: 1 Location: Meridian, Idaho It was a team effort when Justin Stribrany combined his barbering skills with [...]

Mike Tindall says marrying into the royal family was pretty smooth. Tindall, a former rugby player, married Zara Tindall, who is not a working royal. Royal experts said it's different [...]

Byline: Lance Traweek, Editor The In the Lead: Best Family-Owned Businessesspecial section (and online product) recognizes businesses that are owned by families and which demonstrate success across any of a [...]

Byline: Chantal Fernandez Luxury-book editor Martine Assouline doesn't make a habit of looking backward. But to celebrate the (https://www.thecut.com/2020/03/assouline-fashion-book-publishing.html) 30th anniversary of her family's business, Assouline - known for its [...]

In This Issue / Profile India’s affable empire-builder Ratan Tata took the helm of the family business in 1991, and transformed it into an international conglomerate worth some $365bn. His [...]

In This Issue / Funds Finding value in overlooked areas The AVI Global Trust focuses on family-controlled firms, cheap investment trusts and Japan Max King Investment columnist “Markets are not [...]

Byline: Shivam Mishra Private-equity firm Entangled Capital has acquired a 51% stake in Sipa International, the owner of the couscous brand Martino. Italy-based Sipa International, a family-owned business since 1870, [...]

EPR will actively discourage small grocery manufacturers from growing their businesses, if it goes ahead as currently proposed. Our family business manufactures in the UK and supplies supermarkets nationwide. Our [...]

Byline: Simon Harvey Veetee Foods plans to consolidate its manufacturing capacity in the UK with a new factory as the family business accelerates its shift into convenient meals. A US [...]

Byline: Henry Mathieu Thomas Foods International (TFI) has announced an executive reshuffle as managing director Darren Thomas takes on the CEO responsibilities. Current group CEO Anthony Stewart is set to [...]

Iszahar Tambunan, 45, left his job in shipbroking to take over his family business in Singapore. The restaurant, Sabar Menanti, has been selling nasi padang since the 1920s. Tambunan says [...]

Perry Wray established Lone Star Labels and Packaging in Lewisville, TX, USA, but there is nothing 'lone' about this family-run business that is seeing significant growth. A dedicated team and [...]

Byline: Scarlett Conlon It's escapist TV through and through and therefore not meant to be identical to real life... or is it? The arrival of Emily Cooper in Rome had [...]

Byline: Harry Holmes On a cold November night last year, Matthew Hall watched his livelihood burn to the ground. He had woken earlier to the sound of his mother throwing [...]