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LG Investments, LLC: A Family Business in Generational Transition (A)


Edward Hess


University of Virginia - Darden School of Business

Darden Case No. UVA-ENT-0123

Abstract:     
This case could be used in courses about entrenpreneurship and managing small businesses. The founder and patriarch of a family business is confronted by his children regarding succession, equitable distribution of money from the business to nonworking family members, and nepotism. THe transition from first- to second- and third-generation involvement creates major challenges to the family harmony and the business beyond the life of the founding generation. There is a B case [ENT-0124] that examines these issues further.

Number of Pages in PDF File: 4

Keywords: family business

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Date posted: April 5, 2010  

Suggested Citation

Hess, Edward, LG Investments, LLC: A Family Business in Generational Transition (A). Darden Case No. UVA-ENT-0123. Available at SSRN: http://ssrn.com/abstract=1583312

Contact Information

Edward Hess (Contact Author)
University of Virginia (UVA) - Darden School of Business ( email )
P.O. Box 6550
Charlottesville, VA 22906-6550
United States
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