ISSN:
1741-6248
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Sociology
,
Economics
Notes:
Estate laws can have a significant effect on ownership transfers for family companies, influencing both the ease of the transfer and who receives shares of the company. By comparing the estate laws of various countries, we not only can learn about the culture of a country, but also gain insights into the effects of these laws on family business. A review of four countries’ estate laws (for the United States, Finland, Chile, and Taiwan) demonstrates four philosophies and approaches to intergenerational wealth distribution. The authors discuss some implications of these laws on ownership transfers in family companies.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1741-6248.1996.00285.x