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AUC School of Business Organizes the Second Edition of International Family Business Research Day

AUC School of Business, in collaboration with MCI | The Entrepreneurial School® and ESCA Ecole de Management, hosted the second edition of International Family Business Research Day (IFBRD) on January 30, 2024, which brought together researchers from 7 countries for a global exchange of ideas and analysis on family business challenges and best practices.

The schools cultivated an inspiring environment for family business research, as participants gained a holistic view of challenges and opportunities through 15 presentations covering key topics presented in four tracks titled: Leadership and Governance, Succession and Transition Management, Financial Strategies and Risk Management plus Innovation and Societal Impact. Family business leaders, academics and practitioners engaged in meaningful discussions, as they collectively aimed to shape the future of this dynamic domain.

The School’s family business initiative and IFBRD is led by Randa El Bedawy, Associate Professor, department of management, who chaired the second session titled “Succession and Transition Management” and moderated the related discussions. She underlined the significance of the event and the initiative in general: “At AUC School of Business, we have collaborated with close academic partners since 2018 to create a family business consortium to ensure the continuous development and sustainability of family business in the Arab region.

The International Family Business Research Day provides a unique opportunity to interact and to connect with leading researchers, practitioners and academics, to advance knowledge and research regarding best practices for family businesses, as well as to explore their challenges and opportunities for development and growth.”The event is aligned with the AUC School of Business’ focus on disseminating the working knowledge about family businesses in recognition of its important role and contribution to the economy and society. This integration of knowledge and experience also helps to connect family businesses and entrepreneurs with scholars and practitioners who highlight best practices to overcome typical challenges and ensure sustainability.