Family Firms

1. Front Matter

   Pages i-xi

   PDF

2. Introduction

   • Malin Brännback, Alan L. Carsrud

   Pages 1-2

3. Reading a Family Business Case

   • Malin Brännback, Alan L. Carsrud

   Pages 3-5

4. Bacardi Limited: A Growing Family’s Firm in a Consolidating Industry

   • Malin Brännback, Alan L. Carsrud

   Pages 7-45

5. Thai Rolls Restaurants: Growth and Delegating Control to Nonfamily Management

   • Malin Brännback, Alan L. Carsrud

   Pages 47-55

6. Seattle Homes and the Waterman Family: Transitions in the Family Firm

   • Malin Brännback, Alan L. Carsrud

   Pages 57-69

7. Sol News Versus the Internet: At the Crossroads of Entering the Family Firm or Starting a New Venture

   • Malin Brännback, Alan L. Carsrud

   Pages 71-78

8. Retraction: Sarmak and Sarteks: Transition in the Family Firm, to Stay or Not Stay

   • Malin Brännback, Alan L. Carsrud

   Pages 79-89

9. California Steel and Supply: Transition in Key Employees

   • Malin Brännback, Alan L. Carsrud

   Pages 91-101

10. Risk Strategies Management, Inc.: A Family-Managed Technology Firm Goes Public

    • Malin Brännback, Alan L. Carsrud

    Pages 103-109

11. White’s Gourmet Foods, Inc.: Building a Multibillion-Dollar Private Family Firm

    • Malin Brännback, Alan L. Carsrud

    Pages 111-120

12. Back Matter

    Pages 121-122

    PDF

​This is the third in a series of casebooks on issues faced by families owning and managing a business. This volume focuses on the management of growth, decline, and transition in such firms. These cases are clustered together because family firms grow, decline, and grow again, often transforming themselves several times in the course of their existence, as they face succession issues, financial constraints, and changes in market demand. Managing change also has significant impact on the firm-owning families and their individual members, especially when making decisions under conditions of uncertainty.  The eight cases presented in this volume, as those in the previous two casebooks, were developed as a response to the lack of a diversity and selection of cases on family business. The cases emerged by engaging students to help develop them as a part of the curriculum for teaching family business to both graduate and undergraduate business school students in the United States, Canada, Australia, and Finland.  However, their utility goes beyond the classroom and should be informative to consultants to family firms and family business owners and members as well.  ​

• Bacardi
• Business cases
• Business decline
• Business growth
• Business strategy
• Business transition

• School of Business and Economics, Åbo Akademi University, Åbo, Finland

  Malin Brännback

• Spicewood, USA

  Alan L. Carsrud

Policies and ethics