The Midea Group

This article examines the role of businesses and managers in driving sustainable development, with a focus on family firms. Drawing on the mixed gamble perspective, we compare the progress of family and non-family firms toward achieving SDG 7 (aff...

Maurizio Sella, historic president of Banca Sella Holding, Cavaliere del Lavoro and Cavaliere di Gran Croce, has passed away at the age of 83. For almost sixty years, he worked in the company founded by his ancestors in 1886, helping to transform ...

In family businesses, philanthropy is no longer an occasional gesture ‘from the heart’ left to the initiative of a few, but a deliberate and shared choice that strengthens cohesion, identity and the ability to generate impact. In other words, the ...

Family businesses are the backbone of the Italian economy, accounting for around 85% of all companies. Despite their importance, they face a challenge in generational transition that is so critical that it has given rise to common beliefs that hav...

The first quarter of the 21st century has seen significant advancements in family business scholarship. While many scholars have sought to develop a singular “theory of the family firm,” most research has instead focused on understanding how salie...

Family-run companies have unique challenges—balancing family interests with the goals of investors and the company itself. Yet there is not enough clarity on how this affects performance in different countries. We wanted to fill that gap. Our work...