The phenomenom of financial activism has broadened its reach, no longer reserved for U.S.-based companies or large multinationals. More and more, activist funds–especially hedge funds–are buying stakes in companies they consider “mismanaged” or under-optimized, aiming to force changes in their strategy and governance, and in some cases, even their shareholder structure. Hedge funds and family…

When I meet a business family, I usually start by asking about their values. With one notable exception, when my query was answered with a portfolio of stock market investments–naturally I had to redirect the conversation–most open up by sharing their personal values and those they hold as a family. In my dealings with successful,…

In an era increasingly defined by frequent adverse natural events and economic uncertainty, the European Union’s latest step toward integrating ecosystem restoration into market-based frameworks—the development of a Nature Credit system—marks a conceptual and regulatory shift with profound implications. Emerging under the stewardship of Environment Commissioner Jessika Roswall and initially proposed by Commission President Ursula…

Don't miss the 2nd IESE-IEF Forum for Reflection! Mark your calendar for May 30, when we will convene leaders, experts and scholars on IESE's Barcelona campus to debate the key moments that define the future and continuity of family businesses. If you are an owner, executive or collaborator of a family-owned firm, be sure to…