All Matches
Solution Library
Expert Answer
Textbooks
Search Textbook questions, tutors and Books
Oops, something went wrong!
Change your search query and then try again
Toggle navigation
FREE Trial
S
Books
FREE
Tutors
Study Help
Expert Questions
Accounting
General Management
Mathematics
Finance
Organizational Behaviour
Law
Physics
Operating System
Management Leadership
Sociology
Programming
Marketing
Database
Computer Network
Economics
Textbooks Solutions
Accounting
Managerial Accounting
Management Leadership
Cost Accounting
Statistics
Business Law
Corporate Finance
Finance
Economics
Auditing
Hire a Tutor
AI Study Help
New
Search
Search
Sign In
Register
study help
business
valuation measuring and managing
Questions and Answers of
Valuation Measuring And Managing
=+– Do we benefit from improved decision making by allowing everybody to share his/her views and to be creative?
=+– Do we motivate stewardship behavior?
=+– Have we developed a shared point of view inside the family and the firm about what the firm stands for and what we would like to achieve?
=+– How can we exploit the fact that we are a family firm on the job market?
=+– Who are our most important stakeholders and have we secured their goodwill?
=+z To what degree do we exploit the family firm identity advantages?
=+z How can we best turn qualities attributed to us—that is, that our firm is sympathetic, personal, trustworthy, credible and authentic—into a competitive advantage?
=+z What are the advantages and disadvantages of our family firm image?
=+z Are we known as a family firm?
=+5. How can you overcome negative familiness? What are the potential obstacles?
=+4. How can you secure or strengthen positive familiness?
=+Develop a familiness profi le for your fi rm (for an example, see Figure 6.9).
=+3. How does the family impact these resources: positively, neutrally or negatively?
=+2. What are the resources needed to achieve this goal?
=+1. What is the central strategic goal of the fi rm?
=+Can we partner with or acquire new resources?
=+ What obstacles do we face?
=+z How can we overcome negative familiness?
=+ What are the obstacles along the way?
=+ What strategies can we use to turn positive familiness into a competitive advantage?
=+z How can we exploit positive familiness?
=+ Where do we have positive, neutral and negative familiness?
=+z How does the family impact these resources?
=+z What are the critical resources in our firm now and in the future?
=+6. Would you buy Ford stock?
=+5. Overall, is the Ford family’s control a curse or a blessing for the firm?
=+4. What are the advantages and disadvantages of the Ford family’s control?
=+3. How should the various agency problems impact Ford’s performance?
=+2. What agency problems do you recognize?
=+1. How does the Ford family control and influence the firm?
=+z What family and ownership governance mechanisms should we put in place to align the interests of all family owners?
=+z What are the obstacles against concerted action and what are the viewpoints of family blockholders?
=+z How aligned are the interests and views of different family blockholders?
=+z What are the eventual pros and short-term and long-term cons of extracting private benefits of control?
=+z Are they acceptable in light of the success of the firm, the size of the firm and in comparison to competitors?
=+z What is the type and level of private benefits of control we extract from the firm?
=+z Does the family use its power for the benefit of all shareholders and other stakeholders, or just to enrich itself?
=+z How do we avoid excessive risk taking by managers?
=+z How do we incentivize our managers?
=+z As owners, do we have the necessary skills to assess strategic decisions in the firm?
=+z As owners, are we in the position to challenge the views of the management and to dismiss unsatisfactory managers?
=+z Do we have access to all information about the firm?
=+z How tight is the control of the family over the firm?
=+z How do we make sure that our firm is seen as a great place to work?
=+z How do we make sure that managers can have a career in our firm?
=+z Do we keep our promises vis-à-vis our employees?
=+z Do we run our firm applying professional management practices?
=+z Do we have to put in place some sort of monitoring and incentive scheme(e.g., performance-based pay, stock ownership plan) for family members working in the firm?
=+z Do we appoint managers really based on their capabilities or based on family ties?
=+z Are parents free riding on the goodwill of children?
=+z Are children free riding on the goodwill of parents?
=+it undermine the professional working relationship between family members engaged in the firm?
=+z While altruism is an important aspect of familial relationships, does
=+z Is there a trusting atmosphere that ensures that the interests of family members in ownership and management will be aligned?
=+3. What organizational processes drive family firm performance? (process perspective).
=+2. Under what conditions is family influence good for firm performance?(contingency perspective).
=+1. To what degree is family influence good for firm performance? (degree perspective).
=+Please lay out a process model about how you would work with the family toward completing the charter.And what are the issues to be addressed in the charter?
=+12. A business-owning family with multiple members owning a small portfolio of companies and assets approaches you because of your expertise in family governance. You are asked to advise the family
=+11. Please describe the typical content of a family charter.
=+10. What is the overarching goal of setting up a family charter?
=+up a share compensation scheme for the nonfamily top managers. As a family owner, what advantages and disadvantages do you see in this proposal?
=+9. Over the last few years, Miller Ltd., a private manufacturing company, has grown significantly.The nonfamily CEO and CFO approach the family owners regarding the possibility of setting
=+8. What are the pros and cons of placing family wealth in a trust or foundation?
=+7. Should in-laws be included in ownership, or should they be excluded? Why?
=+6. What are the advantages and disadvantages for next-generation family members when entering the family business at the shop floor, and what are the advantages and disadvantages of entering in a
=+the opportunity to appoint one person to the board. What are the potential advantages and disadvantages of this structure?
=+5. Some family firms apply a branch structure to their decision making. For instance, when selecting family members for the board of directors, they give each branch of the family tree
=+ 4. Provide an example of how family governance problems may trickle down to the ownership level and finally impact the managerial level.
=+3. Explain the dynamic evolution of governance regulations in a family firm that moves successively through the following stages of corporate governance: owner-manager, sibling partnership,
=+2. What are the central domains of family, ownership, corporate and wealth governance?
=+1. What are the four typical agency problems in family firms?
=+3. Under which legal and cultural conditions might such a family seed fund be particularly successful?
=+2. Why is the seed fund not directly monitored by the family council?
=+1. What are the pros and cons of setting up such a seed fund?
=+4. How should the family organize the process of building a better governance structure to ensure that the outcome is supported by the family shareholders involved?
=+3. What governance bodies are needed, and what should their respective responsibilities be?
=+what are the advantages and disadvantages of the proposed solutions?
=+2. What is your advice concerning the election of the CEO? Who should become CEO, and
=+what do you think of the two camps’ suggestions?
=+1. What should the election process of the supervisory board look like? More specifically,
=+3. How does the Jacobs family try to counter owner-manager and double-agency costs that might arise from this complex asset and family structure?
=+2. How does the governance structure mitigate the potential for diverging interests within the family?
=+What are the respective roles of the various boards/organizational entities in the organizational chart?
=+1. How does the Jacobs family keep control over its assets?
=+6. Looking at U-Haul today: how does the family control the firm today?
=+5. What elements of this extreme case can be observed in other business families?
=+4. What could have been done to avoid the conflict?
=+3. What type of agency problems do you recognize in this case?
=+2. How does the family conflict impact the firm?
=+1. What is the underlying reason for the family conflict about the control of the firm?
=+z Is there something like a family internal capital market and, if yes, how is it organized?
=+z Can a trust hold stock for the benefit of the family or others?
=+z What happens with children from first and second marriages regarding ownership?
=+z What is the base percentage that the family as a whole should own?
=+z What is the base percentage that the CEO should own?
=+z Can nonfamily managers own stock?
=+z Can in-laws be owners?
=+z Must family members meet certain requirements to be owners?
=+z When and how do family members become owners?
Showing 400 - 500
of 1653
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Last