The ebook edition of this title is Open Access and freely available to read online. Family constitutions in family-owned firms are becoming increasingly popular around the world. While some, though not much, research examining this trend has come from a management research perspective, legal...

Entrepreneurs may be constrained by the law to bequeath a minimal stake to non-controlling heirs. The size of this stake can reduce investment in family firms, by reducing the future income they can pledge to external financiers. Using a purpose-built indicator of the permissiveness of...

This symposium paper, originally presented at the September 19, 2008 NYU Tax Law Review Symposium on inheritance taxation, begins to examine what it might mean for the law to protect a "right to use one's resources to benefit one's family." The paper draws on historical debates over inheritance...