ACN Business

Should family members be in charge of family businesses? We analyzed 175 studies to understand when having a family CEO pays off

Written by Vitaliy Skorodziyevskiy, Assistant Professor of Management and Entrepreneurship, University of Louisville

From Hermes to Smuckers to the fictional Waystar Royco of HBO’s “Succession,” family businesses often choose their CEOs from the ranks of kin. But is this a good business decision? As researchers who study entrepreneurship and management, we wanted to know whether keeping leadership in the family pays off for businesses. So we...

3 Reasons Why Now Is the Perfect Time to Start a Roofing Business
The roofing industry is currently on a promising trajectory, making it an opportune moment for entrepreneurs to dive into t…
From ‘Stone Age’ treasury boss to National Party Senator: John Stone 1929-2025
AUSPICJohn Owen Stone AO was a legendary leader of the Commonwealth Treasury. He was secretary (departmental head) from Janua…
The Mistakes Companies Make When Booking Event Spaces
Rushing venue selection often leads to overlooked issues that surface on the day Room layout and acoustics impact en…
Why Predictive Maintenance in Manufacturing Requires Strong Cybersecurity
Predictive maintenance has become a cornerstone of modern manufacturing. By using sensors and real-time data to detect wear…
Why a surprise jump in unemployment isn’t as bad as it sounds
New figures show Australia’s seasonally adjusted unemployment rate unexpectedly rose to 4.3% – its highest level …
As house prices drop, will the retirement nest egg still be such a safe bet?
MonthiraYodtiwong/Getty ImagesChanges to KiwiSaver, global economic uncertainty and predictions house prices could drop by as…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

How Sydney Drone Photography Transforms the Way Properties Are Marketed
Key Highlights Drone photography provides stunning aerial perspectives, showcasing properties in a way that traditional photography cannot match. This innovative technology allows real estate agents to highlight property features, surrounding amenities, and…

State Lockdown: HungryPanda Empowers Struggling Chinese Restaurants
There’s no doubt that the ever-changing COVID-19 pandemic has been especially difficult for hospitality businesses, with lockdowns forced and businesses pivoting to takeaway. However, the impact has been extremely challenging…
Modibodi underwear is making a difference in the lives of Laos schoolgirls
As the original global leak-proof apparel brand, Modibodi, is known for its social impact agenda and initiatives, with the desire to create long-term impact that works towards ending period…
6 Tips: How Easy It Is To Make Money On Your Hobby
Psychologists say that unrealized creativity is the most common cause of prolonged depression. Because of unfulfillment and uselessness, people despair much more often than because of unrequited love. The myth…

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders. As wage pressures rise, and specialised talent pool...

The Next Generation of Maritime Sustainable Solutions

As organizations globally seek innovative ways to improve sustainability and their impact on Earth, the American Waterways Operators (AWO), a lead...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...