Ownership & Governance Archives | Vistage Research Center http://www.vistage.com/research-center/category/business-financials/corporate-governance/feed/ Resource for Business Leadership, Coaching, and CEOs Wed, 14 Feb 2024 17:14:36 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.4 The Corporate Transparency Act: What small businesses need to know https://www.vistage.com/research-center/business-financials/corporate-governance/20240213-corporate-transparency-act/?utm_source=rss&utm_medium=rss&utm_campaign=20240213-corporate-transparency-act https://www.vistage.com/research-center/business-financials/corporate-governance/20240213-corporate-transparency-act/#respond Tue, 13 Feb 2024 15:55:00 +0000 https://www.vistage.com/research-center/?p=45159 Just as economic optimism has improved for the new year according to the December WSJ/Vistage Small Business CEO Confidence Index survey, January 1 brings another new challenge that certain small businesses must respond to: The Corporate Transparency Act. If you...

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]]> https://www.vistage.com/research-center/business-financials/corporate-governance/20240213-corporate-transparency-act/feed/ 0 The next big opportunity for owners and CEOs: ESG https://www.vistage.com/research-center/business-financials/corporate-governance/20210929-esg-webinar/?utm_source=rss&utm_medium=rss&utm_campaign=20210929-esg-webinar https://www.vistage.com/research-center/business-financials/corporate-governance/20210929-esg-webinar/#respond Fri, 05 Nov 2021 22:00:00 +0000 https://www.vistage.com/research-center/?p=38989 Impact. Sustainability. Diversity. Beyond the pandemic, several key themes emerged out of 2020 — and these are critical components of Environmental, Social and Corporate Governance (ESG). As companies plan future engagements in M&A with either public companies or private equity,...

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]]> https://www.vistage.com/research-center/business-financials/corporate-governance/20210929-esg-webinar/feed/ 0 How can you ensure a first generation business takeover goes smoothly? https://www.vistage.com/research-center/business-financials/how-can-you-ensure-a-first-generation-business-takeover-goes-smoothly/?utm_source=rss&utm_medium=rss&utm_campaign=how-can-you-ensure-a-first-generation-business-takeover-goes-smoothly https://www.vistage.com/research-center/business-financials/how-can-you-ensure-a-first-generation-business-takeover-goes-smoothly/#respond Fri, 06 Nov 2020 21:52:16 +0000 https://www.vistage.com/research-center/uncategorized/how-can-you-ensure-a-first-generation-business-takeover-goes-smoothly/ “First generation takeovers don’t need to be fraught. They don’t need to be negative,” says Paul Andrews, co-founder of Family Business United.  After around 20 years in professional services – including a stint at Grant Thornton, where he conducted research...

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]]> https://www.vistage.com/research-center/business-financials/how-can-you-ensure-a-first-generation-business-takeover-goes-smoothly/feed/ 0 The Advantages and Disadvantages of a Family Business https://www.vistage.com/research-center/business-financials/the-advantages-and-disadvantages-of-a-family-business/?utm_source=rss&utm_medium=rss&utm_campaign=the-advantages-and-disadvantages-of-a-family-business https://www.vistage.com/research-center/business-financials/the-advantages-and-disadvantages-of-a-family-business/#respond Thu, 17 Sep 2020 20:00:00 +0000 https://www.vistage.com/research-center/uncategorized/the-advantages-and-disadvantages-of-a-family-business/ Family-owned companies are good not only for the families involved, but also for both the local and global economies. However, many find it hard to survive. Around a third of the 100,000 family businesses that are passed to the next...

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]]> https://www.vistage.com/research-center/business-financials/the-advantages-and-disadvantages-of-a-family-business/feed/ 0 Fatherly advice: 6 lessons in managing a family business https://www.vistage.com/research-center/business-financials/corporate-governance/20160617-fatherly-advice-6-lessons-in-managing-a-family-business/?utm_source=rss&utm_medium=rss&utm_campaign=20160617-fatherly-advice-6-lessons-in-managing-a-family-business https://www.vistage.com/research-center/business-financials/corporate-governance/20160617-fatherly-advice-6-lessons-in-managing-a-family-business/#respond Fri, 17 Jun 2016 10:00:41 +0000 http://blog.vistage.com/?p=18935 As the father-and-son team behind Polymer Technologies Inc., Robert and Jarred Prybutok exemplify what it means to successfully manage the dynamics of a family business. The pair has worked side by side for more than two decades, with Robert serving...

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]]> https://www.vistage.com/research-center/business-financials/corporate-governance/20160617-fatherly-advice-6-lessons-in-managing-a-family-business/feed/ 0 How to turn a family affair into a global business https://www.vistage.com/research-center/business-financials/corporate-governance/how-to-turn-a-family-affair-into-a-global-business/?utm_source=rss&utm_medium=rss&utm_campaign=how-to-turn-a-family-affair-into-a-global-business https://www.vistage.com/research-center/business-financials/corporate-governance/how-to-turn-a-family-affair-into-a-global-business/#comments Tue, 29 Mar 2016 16:00:51 +0000 http://blog.vistage.com/?p=18663 When J.D. Power III launched J.D. Power and Associates in 1968, everyone in his family pitched in to make the marketing-information-services company a success. That included 5-year-old J.D. “Jamey” Power IV, who would fold and stuff surveys into envelopes to...

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]]> https://www.vistage.com/research-center/business-financials/corporate-governance/how-to-turn-a-family-affair-into-a-global-business/feed/ 1 From One Generation to the Next: How a Manufacturing CEO Got Her Family Behind Her https://www.vistage.com/research-center/business-financials/corporate-governance/from-one-generation-to-the-next-how-a-manufacturing-ceo-got-her-family-behind-her/?utm_source=rss&utm_medium=rss&utm_campaign=from-one-generation-to-the-next-how-a-manufacturing-ceo-got-her-family-behind-her https://www.vistage.com/research-center/business-financials/corporate-governance/from-one-generation-to-the-next-how-a-manufacturing-ceo-got-her-family-behind-her/#respond Wed, 30 Sep 2015 16:33:43 +0000 http://blog.vistage.com/?p=18299 Taking over the family business isn’t easy. Just ask Laura Richardson. When she took the reins from her mother and became CEO a couple of years ago, there was no way she could have foreseen the roller coaster ride she...

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]]> https://www.vistage.com/research-center/business-financials/corporate-governance/from-one-generation-to-the-next-how-a-manufacturing-ceo-got-her-family-behind-her/feed/ 0 What Family-Owned Businesses Can Learn from Scout and Atticus https://www.vistage.com/research-center/business-financials/corporate-governance/what-family-owned-businesses-can-learn-from-scout-and-atticus/?utm_source=rss&utm_medium=rss&utm_campaign=what-family-owned-businesses-can-learn-from-scout-and-atticus https://www.vistage.com/research-center/business-financials/corporate-governance/what-family-owned-businesses-can-learn-from-scout-and-atticus/#comments Mon, 31 Aug 2015 10:46:30 +0000 http://blog.vistage.com/?p=18251 You don’t read fiction you tell yourself. You’re just too busy. But you loved To Kill a Mockingbird when you studied it in high school, and you’re curious after all the news reports–you’d like to know if Harper Lee’s sequel...

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]]> https://www.vistage.com/research-center/business-financials/corporate-governance/what-family-owned-businesses-can-learn-from-scout-and-atticus/feed/ 1 A Vistage member describes how his small business turned into a transnational enterprise [Podcast] https://www.vistage.com/research-center/business-financials/corporate-governance/want-to-stir-your-small-business-into-a-transnational-enterprise-try-adding-a-dash-of-humility/?utm_source=rss&utm_medium=rss&utm_campaign=want-to-stir-your-small-business-into-a-transnational-enterprise-try-adding-a-dash-of-humility https://www.vistage.com/research-center/business-financials/corporate-governance/want-to-stir-your-small-business-into-a-transnational-enterprise-try-adding-a-dash-of-humility/#respond Fri, 15 May 2015 12:00:41 +0000 http://blog.vistage.com/?p=18051 Wenger Mixing Company was once known as a small town mixing plant in Sabetha, Kansas, in 1935. Today it has grown to become an international enterprise with a presence in Taiwan, Belgium, Brazil and China. Some might wonder what how-to approach...

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]]> https://www.vistage.com/research-center/business-financials/corporate-governance/want-to-stir-your-small-business-into-a-transnational-enterprise-try-adding-a-dash-of-humility/feed/ 0 Succession Planning in Family-Owned Business https://www.vistage.com/research-center/business-financials/corporate-governance/succession-planning-in-family-owned-business/?utm_source=rss&utm_medium=rss&utm_campaign=succession-planning-in-family-owned-business https://www.vistage.com/research-center/business-financials/corporate-governance/succession-planning-in-family-owned-business/#respond Mon, 28 Jan 2013 19:01:12 +0000 http://blog.vistage.com/?p=13619 According to the presentation, family-owned businesses transition in three unique ways. First, 40 percent of businesses opt to transition from one generation to the next. Secondly, 34 percent of businesses plan to sell to non-family members. Lastly, 26 percent of family-owned businesses transition their business to heirs, but with professional management taking the reins of the company. Panelists agreed there is not right or wrong way to transition a family-owned business, but a plan is essential. The panel boiled down the necessary nine steps to proper succession planning.

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