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| Family Business Ownership: How To Be An Effective Shareholder |
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By Craig E. Aronoff, Ph.D. and John L. Ward, Ph.D.
Cohesive
ownership is perhaps the key competitive advantage of a family business. But as
generations pass, how can owners stay unified? How can owning shares in a family
business continue to be rewarding (financially and psychologically) for all -
whether or not individual shareholders are employed in the business? Family
Business Ownership: How To Be An Effective Shareholder tells how to achieve
cohesive, constructive, rewarding and supportive family owners. For family
businesses that have more than one shareholder, it is a vital tool not only to
make the business an asset to its owners, but its owners an asset to the
business. This guide illuminates the:
roles and responsibilities of owners, managers and directors;
development of the next generation owners;
power of cohesive ownership;
business information every shareholder needs to know;
types of owners and ownership attitudes;
rewards and limitations of ownership;
'effective ownership' attitude and how to achieve it;
'psychic rewards' of ownership;
importance of a stewardship approach;
value of good shareholder relations and much more...
'This is the best guide for having a successful shareholding family and
business I've ever read! Roles and responsibilities are clearly defined for
owners, directors and managers. Family Business Ownership: How To Be An
Effective Shareholder provides virtual checklists for each. I found it
practical, inspirational and absolutely valuable.'
JoAnne
Norton
Director of Shareholder Relations
Freedom Communications
'Knowing when and how to be involved in a family business can be a
challenging task. Shareholders need to know what their role is to make them
effective and make their family businesses profitable now and for the future. If
you want to be a 'good' owner--this book is for you.'
Philip A.
Clemens
Chairman & CEO
Clemens Family Corp.
'If you are associated with a family business, you need to read this
user-friendly primer. Not just family business owners, but indeed everyone even
remotely connected to a family business will want to read this. Family Business
Ownership: How To Be An Effective Shareholder is a much needed and superb
addition to the already excellent Family Business Leadership Series.'
Bill Lucas
Laird-Norton
'Family Business Ownership: How to Be An Effective Shareholder is a crisp,
easy read, with clear 'dos' and 'don'ts' and will be especially helpful to
family enterprises with family member shareholders who don't work in the
business. With a precarious economy, and with revenues down, this is a moment
ripe for increased conflict between family members working in the business and
those who don't. The timing of your book couldn't be better!'
Paul I.
Karofsky
Executive Director
Northeastern University Center for Family
Business
ISBN: 1-891652-0502
Copyright,
2001 |
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familybusiness.com