Morten Bennedsen is the André and Rosalie Hoffmann chaired professor of family enterprise at INSEAD and the academic director of the Wendel International Centre for Family Enterprise. He obtained his PhD in Economics from Harvard University in 1998, a Master’s degree with distinction from the London School of Economics, and a Bachelor's Degree from the University of Copenhagen. His area of teaching includes family business governance, corporate governance, applied microeconomics, and firm theory.
Many family businesses in China are still controlled by their original founders, and yet research shows that only 22% have succession plans in place. To ensure longevity, there are five challenges that they should master.
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