JP Morgan Asian Family Enterprise Study

Dennis Jaffe

JP Morgan, in collaboration with Wise Counsel's Dennis Jaffe, has just published a fascinating study of Asian family enterprises. Some of the headlines from this analysis of 140 large, multi-generational families include the families' top concerns (#1: fairness to the rising generation), their top leadership values, overall preparedness (or rather unpreparedness) with regard to transition and family employment policies, and practices concerning board composition, talent development, and exit strategies. All students of family governance will find in this study an invaluable glimpses into succession principles and practices. It also includes a great section on the practicalities of family meetings by Christian Stewart of Family Legacy Asia.