Abstract
As family-owned enterprises leave the sibling partnership form of ownership and enter the cousin collaboration form of ownership,1 the governance system typically faces a substantial, radical change. Ownership needs to address many, new, difficult issues. How a family decides these difficult issues depends on how they resolve fundamental values dilemmas.
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Notes
See John L. Ward, “The Ultimate Vision for Continuity”Families in Business, September/October 2003: 78–9, for more on The Enterprising Family.
See John L. Ward, Perpetuating the Family Business, Basingstoke, Palgrave, 2005, for more on the evolution from sibling partnership to cousin collaboration.
Barry Johnson,Polarity Management: Identifying and Managing Unsolvable Problems PhD, HRD Press, Amherst, MA, 1992.
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© 2008 John L. Ward
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Ward, J.L. (2008). How Values Dilemmas Underscore the Difficult Issues of Governing the Large, Enterprising Family. In: Tàpies, J., Ward, J.L. (eds) Family Values and Value Creation. A Family Business Publication. Palgrave Macmillan, London. https://doi.org/10.1057/9780230594227_6
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DOI: https://doi.org/10.1057/9780230594227_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-30332-8
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