The Law and family business : how to deal with generational wealth issues and legal aspects of family firms /
Lopez, Jim V.
The Law and family business : how to deal with generational wealth issues and legal aspects of family firms / by Jim V. Lopez. - Manila, Philippines : Rex Book Store, c2021. - xxx, 486 pages : illustrations ; 24 cm
Includes bibliographical references.
Introduction -- Bloodlines & faultlines -- The empire expires -- The cycles of life -- The culture to nurture -- The plans of clans -- Leaders & managers -- Truce stories -- Siblings & cousins -- In-laws & out-laws -- The ancestral charter -- Word of honor -- Clones & thrones -- Advice from the wise -- Family entrenchment -- Trestles across generations -- Conclusion -- References.
"Mystery and intrigue shroud family businesses. They have secrets in staying afloat and flourishing in the global playground of commerce. Many have drowned in the raging sea of conflict and mismanagement. Others have continued their winning ways. While touching on the sociological, psychological, and economic aspects of family firms, this book also explores the value of law and asset protection in the areas of family business governance, intergenerational wealth transfers, inheritance preservation and property defense. It is designed to help unveil the answers to the nagging conundrum: Why do most family enterprises experience a meltdown once they reach the third generation? There are myriad traps that cause the family galleon to falter and eventually sink into the cesspool of irrelevance and insolvency. There are best practices and countervailing measures to cushion the impact of the “Buddenbrooks Phenomenon.” With the help of lawyers and other experts, family firms can transcend the obstacles associated with the third generation. Now, the key to unlock the myths and enigmas surrounding your best family firm clients is in your hands."--Back cover
9786210423259 (hardback)
Corporation law--Philippines
Family-owned business enterprises--Law and legislation--Philippines
KPM953.5 / L88 2021
The Law and family business : how to deal with generational wealth issues and legal aspects of family firms / by Jim V. Lopez. - Manila, Philippines : Rex Book Store, c2021. - xxx, 486 pages : illustrations ; 24 cm
Includes bibliographical references.
Introduction -- Bloodlines & faultlines -- The empire expires -- The cycles of life -- The culture to nurture -- The plans of clans -- Leaders & managers -- Truce stories -- Siblings & cousins -- In-laws & out-laws -- The ancestral charter -- Word of honor -- Clones & thrones -- Advice from the wise -- Family entrenchment -- Trestles across generations -- Conclusion -- References.
"Mystery and intrigue shroud family businesses. They have secrets in staying afloat and flourishing in the global playground of commerce. Many have drowned in the raging sea of conflict and mismanagement. Others have continued their winning ways. While touching on the sociological, psychological, and economic aspects of family firms, this book also explores the value of law and asset protection in the areas of family business governance, intergenerational wealth transfers, inheritance preservation and property defense. It is designed to help unveil the answers to the nagging conundrum: Why do most family enterprises experience a meltdown once they reach the third generation? There are myriad traps that cause the family galleon to falter and eventually sink into the cesspool of irrelevance and insolvency. There are best practices and countervailing measures to cushion the impact of the “Buddenbrooks Phenomenon.” With the help of lawyers and other experts, family firms can transcend the obstacles associated with the third generation. Now, the key to unlock the myths and enigmas surrounding your best family firm clients is in your hands."--Back cover
9786210423259 (hardback)
Corporation law--Philippines
Family-owned business enterprises--Law and legislation--Philippines
KPM953.5 / L88 2021