GUIDO CORBETTA is Professor of Strategic Management and AIdAF-Alberto Falck Professor of Strategic Management in Family Business at Bocconi University, Italy. He is also Senior faculty member of the SDA Bocconi Business School and member of the editorial committee of Entrepreneurship Theory and Practice and Family Business Review. He is a Fellow of IFERA (International Family Enterprise Research Academy). CARLO SALVATO is an Associate Professor of strategic management in the Department of Management & Technology, Bocconi University, Italy, where he collaborates with the AIdAF-Alberto Falck Chair in strategic management in family business. He is also an associate editor of the Family Business Review.

• List of Tables List of Figures  Acknowledgements Introduction: Strategies for Longevity in Family Firms Some Myths about Family Firms Unique Characteristics of Family Firms Analyzing Family Firms: Tools and Contents Successful Family Firms Competitive Strategies in Family Firms Diversifying the Family Estate Financial Strategies Organizational Strategies Institutional Strategies The Process of Generational Change Transition Processes and 'Third Parties' Bibliography

GUIDO CORBETTA is Professor of Strategic Management and AIdAF-Alberto Falck Professor of Strategic Management in Family Business at Bocconi University, Italy. He is also Senior faculty member of the SDA Bocconi Business School and member of the editorial committee of Entrepreneurship Theory and Practice and Family Business Review. He is a Fellow of IFERA (International Family Enterprise Research Academy). CARLO SALVATO is an Associate Professor of strategic management in the Department of Management & Technology, Bocconi University, Italy, where he collaborates with the AIdAF-Alberto Falck Chair in strategic management in family business. He is also an associate editor of the Family Business Review.

• List of Tables List of Figures  Acknowledgements Introduction: Strategies for Longevity in Family Firms Some Myths about Family Firms Unique Characteristics of Family Firms Analyzing Family Firms: Tools and Contents Successful Family Firms Competitive Strategies in Family Firms Diversifying the Family Estate Financial Strategies Organizational Strategies Institutional Strategies The Process of Generational Change Transition Processes and 'Third Parties' Bibliography

GUIDO CORBETTA is Professor of Strategic Management and AIdAF-Alberto Falck Professor of Strategic Management in Family Business at Bocconi University, Italy. He is also Senior faculty member of the SDA Bocconi Business School and member of the editorial committee of Entrepreneurship Theory and Practice and Family Business Review. He is a Fellow of IFERA (International Family Enterprise Research Academy). CARLO SALVATO is an Associate Professor of strategic management in the Department of Management & Technology, Bocconi University, Italy, where he collaborates with the AIdAF-Alberto Falck Chair in strategic management in family business. He is also an associate editor of the Family Business Review.

• List of Tables List of Figures  Acknowledgements Introduction: Strategies for Longevity in Family Firms Some Myths about Family Firms Unique Characteristics of Family Firms Analyzing Family Firms: Tools and Contents Successful Family Firms Competitive Strategies in Family Firms Diversifying the Family Estate Financial Strategies Organizational Strategies Institutional Strategies The Process of Generational Change Transition Processes and 'Third Parties' Bibliography