LG Investments, LLC: A Family Business i...
Hess, Edward D.
LG Investments, LLC: A Family Business in Generational Transition (A)
ENT-0123 | Published September 24, 2009 | 3 pages Case
Collection: Darden School of Business
Product Details
This case could be used in courses about entrepreneurship and managing small businesses. The founder and patriarch of a family business is confronted by his children regarding succession, equitable distribution of money from the business to nonworking family members, and nepotism. The transition from first- to second- and third-generation involvement creates major challenges to family harmony and the business beyond the life of the founding generation. The B case (ENT-0124) examines these issues further.
Understand how to deal with generational transitions, siblings, and intergenerational financial equity within a family business.
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