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

3 Pages Posted: 7 Apr 2010

See all articles by Edward Hess

Edward Hess

University of Virginia - Darden School of Business

Abstract

This is the third case in a series that is appropriate for courses in entreneurship and small-business managment. It presents common issues that often arise in situations regarding the choice of a successor to run the family business, including the founder's reluctance to "let go," sibling rivalry, gender discrimination, and the eldest son's feeling of entitlement. In this case, the particular issue is whether the family should compromise in picking the CEO and chairman of the board. Follows ENT-0123, and ENT-0124, and precedes ENT-0134.

Keywords: entrepreneurship, planning

Suggested Citation

Hess, Edward, LG Investments, LLC: A Family Business in Generational Transition (C). Darden Case No. UVA-ENT-0133, Available at SSRN: https://ssrn.com/abstract=1585604 or http://dx.doi.org/10.2139/ssrn.1585604

Edward Hess (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

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