Family Business Ownership Training

  • Reference: SMN-668-E

  • Number of pages: 8

  • Publication Date: Apr 22, 2009

  • Source: IESE (España)

  • Type of Document: Technical Note

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Description

As the shareholder base in a family business becomes more fragmented, there will be differences of all kinds among shareholders. Some will have university degrees, others will have only a high school education, and some may not meet even minimum training requirements. These particular circumstances should not be a source of disagreements or discrepancies among family members, because they all have one thing in common: they share partial ownership of the family business. As such, they are all interested in reaching the same goal: the continuity of the family business. Shareholders' level of implication in the business will determine their perceptions of it; in turn, their level of implication will depend on the training they have received.