The next issue of our Newsletter is ready! This time the theme is Philanthropy in Family Business which has become an important area of attention for business families, academics and other stake holders. As always, we have included summaries of select articles published in this area and a gist of press clippings.

I am glad to inform you that we have a new arrangement with the Family Business Review, the most prestigious research journal in this space, to share summaries (Research Applied précis) of select articles published by them. You will find two such pieces in this issue of the Newsletter. We hope you will like them that will give you more insight and keep you abreast with the cutting edge research in the field. Here is the link to the same: http://ffipractitioner.org/2014/09/24/research-applied-fbr-precis-for-the-practitioner-3/. This site also has the link which takes readers to the actual articles at the SAGE website. Non-members of FFI can access the articles at SAGE for a fee or can perhaps find them through their libraries.

Hope you will find them interesting. As always, I encourage you to send your feedback and interesting articles which we can consider for inclusion in our forthcoming newsletters.

Best regards,

Article Summaries
Getting Started in Family Philanthropy

Collaborative Value Creation: Partnering Between Nonprofits and Businesses

The New Family Philanthropy: Investing for Social and Environmental Change

Philanthropy - What it provides to families in business
Research Applied précis

Does Family Involvement Make Firms Donate More? Empirical Evidence From Chinese Private Firms

Firm Philanthropy in Small and Medium-Sized Family Firms: The Effects of Family Involvement in Ownership and Management

Original FBR citations

From the Press

Banco Santander Chief Rethinks Father's Legacy
Wall Street Journal, June 11, 2015

Emami Founders Put GenNext at Helm
The Economic Times, June 25, 2015

Indian Family Businesses Seeking Outside Mentors
'Learning from the Masters' - Business Today, Edition: July 5, 2015

Passing on the Baton, Successfully
The Hindu Business Line, June 28, 2015

Rupert Murdoch to Put Media Empire in Sons’ Hands
The New York Times, June 11, 2015

Startup Founders Need to Evolve as Business Grows
'The Founder's Dilemma', Business Standard, June 1, 2015

Walmart names a new chairman, keeps the job in the family
Fortune.com, June 5, 2015


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Thomas Schmidheiny Centre for Family Enterprise, Indian School of Business
Hyderabad Campus - 500 032, Ph: +91 40 23187189, http://www.isb.edu/familybusiness
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