Household finance is a hot topic, considering the current economic crisis. On the latest episode of the podcast Sound Economy, Professor Paolo Sodini discusses assets and liabilities, savings and investments during uncertain times.

This brief summarizes the research papers presented at the 2022 FROGEE conference “Economic and Social Context of Domestic Violence”, which took place on May 11, 2022. It was organized by the Stockholm Institute of Transition Economics (SITE) together with the Centre for Economic Analysis (CenEA) and the FREE Network.

Sons are much likelier than daughters to take over the family firm – despite the fact that businesses run by daughters outperform those run by sons. This according to new research from the Stockholm School of Economics and Jönköping International Business School.

New research on entrepreneurship suggests that religion and traditions shape the family structure to produce effects on family functioning and on the family mindset. These factors subsequently shape how transgenerational entrepreneurship is fostered or hindered through specific business practices in family firms.

How important are remittances from migrant workers for the economies of low-income countries? And how does international legislation to prevent illicit financial flows affect the ability to send such remittances?

"The longer a person is unemployed, the greater the probability that the individual will not return to work at all. And even if we recover from the pandemic, it is not certain that those people will return", Jesper Roine explains the risk of longterm-unemployment in a recent interview in Dagens industri.

Many daughters and sons growing up in a successful family business and who have their own entrepreneurial ideas struggle to become autonomous from the family’s business. Most research tends to examine how younger, next generation family members build their careers by engaging in internal venturing as a way of growing their existing family business. What is lacking here is research that looks at the ways in which these daughters and sons rely on external venturing, that is, to start their own business outside the existing family business, to achieve greater autonomy and pursue their independent business ideas.

An important process that occurs at the nexus of entrepreneurship and family is the creation of new opportunities for one’s self and one’s kin. But this is not an easy task. There are many challenges that come with facing this unfamiliar and uncharted territory. For this reason, it makes sense that the journey be narrated in the form of metaphors embedded in family discourse. Yet, little is known about how these narratives are constructed or used.

In recent years, scholars have become increasingly interested in understanding the challenges and opportunities of building entrepreneurial family businesses from different perspectives. Most researchers in this area tend to draw on insights from the management and economics disciplines for theoretical and methodological guidance. However, other subjects, like psychology, family sciences, and history, have also been emphasized – and now even the humanities.

An increasing number of family firms choose to select a non-family CEO for the highest executive office when there is no suitable family member available. A recent example of this is the Swedish retail giant H&M where the third generation family member Karl-Johan Persson recently handed over to the non-family CEO Helena Helmersson. However, appointing a non-family CEO in a family firm tends to give rise to tensions.