The 500 Family Business Index was officially announced for the first time in 2015 as a joint effort between the global auditing firm EY and the University of St. Gallen (Switzerland). The goal of the index is to provide an academic and practical framework to identify,…

Family business is a concept “implicitly understood” in policies on private economic development. Identifying private economic development as the most important driving force from Resolution 68-NQ/TW creates the most positive space for family businesses that are growing rapidly,…

In family businesses, ownership is not only financial shares but also a symbol of legacy, identity, and power passed down through generations. Carlock and Florent-Treacy (2024) state that each owner shapes a distinct relationship with the business: some work hard at the frontline of management,…

By rule, the average lifespan of a business does not go beyond three generations. However, there is a group of businesses that can overcome many challenges to last for centuries. This remarkable exception is Hénokiens, a unique association in the world that includes 48 family businesses…

[Saigon Entrepreneur Online] The family business model in Vietnam is expanding and growing. However, the process of generational succession in recent years has created major challenges and barriers, requiring family businesses to design careful strategies…