Summary

Abstract

For most family business CEOs, the prospect of relinquishing control is enormously troubling. It presents many fears—the fear of mortality, the fear of poverty, and the fear that one’s adult children won’t get along. Most family business CEOs put their hearts and souls into the business for all of their adult lives. The thought of letting go and the process itself introduce feelings of grief and mourning that are natural and appropriate to one of life’s major passages.