Challenges and problems for Middle Eastern Family business posed by inheritance laws and family divisions
Middle Eastern families in business are challenged by generational change, due to the combined effects of inheritance laws, companies laws, large families and rivalry amongst heirs, challenges which are usually recognized when it is too late. Internal threats to 'Middle Eastern' families in business Many Middle Eastern family businesses have been remarkably successful and have become true financial and business powerhouses. Paradoxically, even the most successful families often have dangerous fault lines within, and they fail to recognise...
