Dynasties : fortunes and misfortunes of the world's great family businesses

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Title:

Dynasties : fortunes and misfortunes of the world's great family businesses

Author:

Landes, David S.

ISBN:

9780670033386

Personal Author:

Landes, David S.

Publication Information:

New York : Viking, 2006.

Physical Description:

xx, 380 pages : illustrations ; 24 cm

Contents:

pt. 1: Banking. The Barings : the rise of modern banking ; The Rothschilds : persistence, tenacity, and continuity ; The Morgans : from family dynasty to the partnership of strangers -- pt. 2: Automobiles. Ford : wheels for everyone ; The Agnellis and Fiat : the Latin pattern ; Peugeot, Renault, and Citroën : French car dynasties ; Toyoda : Toyota and the rise of automobiles in Japan -- pt. 3: Treasures of the earth. The Rockefellers : luck, virtue, and piety ; The Guggenheims : treasures of earth and sky ; The Schlumberger saga : brains, luck, and good timing ; The Wendel : nobility and industry.

Abstract:

A survey of the families at the head of major companies from the past two centuries focuses on three areas, including banking, automobiles, and raw materials, in a historical account that examines the Ford, Guggenheim, and Rockefeller dynasties.

Subject Term:

Family-owned business enterprises -- Case studies.

Family-owned business enterprises. (OCoLC)fst00920575

Familiebedrijven.

Ondernemers.

Banken (financiële instellingen)

Auto-industrie.

Entreprises familiales -- Cas, Études de.

Electronic Access:

Contributor biographical information
Publisher description
Contributor biographical information http://catdir.loc.gov/catdir/enhancements/fy0719/2006044703-b.html
Publisher description http://catdir.loc.gov/catdir/enhancements/fy0719/2006044703-d.html

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Summary

A rich and lively survey of the great families who rule industry by the acclaimed author of The Wealth and Poverty of Nations Through perseverance, solid ingenuity, and unwavering determination, family-run companiesÂ dynastiesÂhave dominated wealth and business throughout the last two centuries. One third of Fortune 500 firms are family owned and, in most cases, the ideal of the family business is one synonymous with continuity, watchful leadership, and dedication to success. But what happens when bad behavior, extravagance, and lazinessÂall very real enemies of industryÂare allowed to proliferate?In Dynasties, bestselling author and historian David S. Landes scrutinizes the powerful family businesses that rule both the financial and industrial sectors across Europe, Japan, and America to determine what factors can cause a dynasty to flourish or fail. Focusing on three areasÂbanking, automobiles, and raw materialsÂhis cast of characters speaks to the power of the family enterprise: Ford, Rothschild, Morgan, Guggenheim, Rockefeller, and Toyoda are but a few whose histories contain all the drama and passion expected when exorbitant money, power, and kinship intersect. Drawing on his immense knowledge of economic history, Landes offers a new reading of the dynastic business plan of the last two centuriesÂwith surprising recommendations for the coming one.