Issue 20, October 2013 – Art and The Family Business

Issue 20, October 2013 – Art & Family Business

Articles

For the Love of Art, Harsh Goenka

For the Love of Art – Insights of a Passionate Collector

Interview with Harsh Goenka, Chairman of RPG Enterprises, India RPG Enterprises is a fifth generation family-owned conglomerate and one of the largest industrial groups in India. The group is a major player in power generation...
kiva

Kiva – The Opportunities and Difficulties of Combating Poverty through Micro-Credit

The latter half of the 20th century saw the emergence of what many hailed as a major breakthrough in the global effort to combat poverty: The invention of micro-credit. The micro-credit method consisted of...
board, costs

Why Board Size Matters – Remedies against Agency Costs

Family-owned firms have proven crucial in pushing an agenda for better business governance structures. The number of family enterprises has allowed this large grouping of companies’ great influence on national economic development in both...
malaysia, csr

CSR in Malaysia – The Strategies of Three Family Businesses

In Malaysia, family-owned and government-owned companies are the most frequent ownership models, making up 67.2 % and 13.4 % of the total business community respectively. Additionally, 85 % of Malaysia’s publicly listed companies are...
grom

When Friends Make Gelato – The Success Story of Grom

Interview with Federico Grom, Co-Founder, Grom, Italy The story behind the successful gelato brand Grom is in essence one of friendship. When Guido Martinetti and Federico Grom met in their teenage years they did not...
alserkal

Art on the Avenue – The Alserkal Avenue Project

Interview with Abdelmonem Bin Eisa Alserkal, Developer of Alserkal Avenue & Patron of the Arts The Emirate of Dubai has long established its reputation for dedicating considerable resources to the arts and culture scene. With...
sotheby, collection

The Good Collector – The Auctioneer’s Guide to Building a Lasting Art Collection

Art appreciation and collecting is a passion that, through its visual and emotional impact, has the ability to enrich lives. The visceral response a collector has to a particular work of art is of...
sultan al qassemi

Of Politics and Art – The Barjeel Art Foundation

An Interview with Sultan Sooud Al Qassemi, Founder of Barjeel Art Foundation With a quarter of a million Twitter followers and dozens of political articles published on notable news sites such as the Huffington Post,...
2013-10-01-family-business-stories-bin1 art

The Bin that is Art – How a Family Invention Became a Museum Piece

In 1939, Danish metal turner Holger Nielsen designed a practical rubbish bin. Born out of a simple necessity to help his wife Marie in her hair salon’s daily chores, the design of this pedal...
schoeffel

A Passion for Pearls – How a family has been striving for perfection for...

Interview with Till Schoeffel, CEO of Schoeffel, Germany Founded in 1921 by German pearl trader Wilhelm Schoeffel, the Schoeffel family has dedicated itself to locating the world’s most beautiful pearls. Four generations in, the family...
2013-10-01-family-business-governance-pains3

The Pains and Gains of Corporate Governance

Interview with Mohammed Abdul Rahim Al Fahim, CEO of Paris Gallery Group of Companies, UAE Family businesses require corporate governance to ensure transparency and accountability, but most of all continuity. Everyone knows it, yet few...