The Family Business Succession Puzzle
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Two weeks ago today we bade farewell to everyone's favorite oedipal billionaires as the final episode of "Succession" wrapped up. The show's immense cultural impact is due to many factors: top-class writing, heart-rending performances, and the sheer power Brian Cox could load into the letter 'F' all played their part.
At its heart, the series highlighted the often messy interlacing of family dynamics and 21st-century capitalism -- and while we trust few viewers could truly relate to the Roys, that dynamic is deeply entrenched in real-world economics. Around 60% of the US workforce is employed by family run businesses, and even the youngest baby boomers are tipping retirement age.
Source Fool.com
