Family business succession through an Austrian perspective

Family business succession - We all know the topic from numerous books, movies and TV series. Thomas Mann's “Buddenbrooks”, HBO's “Succession” or books about real business families such as the Krupps or Henkel - the rise and sometimes also the fall of these families, their companies and the personal fates associated with them fascinate and move a large number of people. The Importance of Family businesses Whereas some publications just serve the peoples sensationalism (Thomas Mann excluded) the real part of the fascination with family...

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