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Columbia’s Family Business Program asked EDHEC Professor Fabian Bernhard to explain his research on the impact of emotions, particularly transgenerational guilt, on family firms.  

Family constitutions can be an effective form of governance. Razak Dawood ’68, Founding Advisory Board member of Columbia’s Global Family Enterprise Program, shares how it works for his family.

Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be dramatic.  

Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be dramatic.

Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be dramatic.