Family business and globalization

My colleague Prof. Marta Elvira asked me if I could write about family business and globalization. I do so with pleasure but with the fear that some readers might find my conclusions disappointing. In this post, I won’t refer to large corporations but to medium-sized companies, defined by the European Union as firms with revenues […]

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What’s the link between purpose and the bottom line?

A clear purpose drives results. These are the words of Claudine Gartenberg, a Wharton School professor and co-author of one of the largest studies ever conducted on corporate purpose. According to Prof. Gartenberg, purpose is “a set of beliefs about the meaning of a company’s work beyond quantitative measures of financial performance.” In a recent […]

A chat with Nobel laureate Amartya Sen

As Secretary of the Jury of the Princess of Asturias Foundation Award, I had the tremendous honor of speaking with economist and philosopher Amartya Sen, Nobel Prize in Economics and 2021 Award Winner of the Princess of Asturias in Social Sciences. Human development and human capabilities are at the heart of his work. In our […]

10 reasons why we need family businesses

Family-owned firms play a vital role in the global economy, an undisputed and internationally recognized fact. Going a step further, I would like to highlight 10 ways in which family firms positively impact the world based on my firsthand observations of how they operate and confront challenges. 1 – They drive and sustain employment I’m […]

Session with Nobel Laureate Bengt Holmström

Bengt Holmström is an MIT professor and the recipient of the 2016 Nobel Prize in Economics. In his recent remarks at the 2021 IESE-ECGI Corporate Governance Conference, he warns of a data-driven tsunami that will radically change how businesses operate and structure their corporate governance systems. Don’t miss this thought-provoking session! Video Session with Bengt […]