Vitaliy Skorodziyevskiy – The Conversation

Family businesses are everywhere. What makes them so common? Mint Images RF via Getty Images

December 2, 2025

Why do family companies even exist? They know how to ‘win without fighting’

Vitaliy Skorodziyevskiy, University of Louisville; Hanqing "Chevy" Fang, Missouri University of Science and Technology, and Jim Chrisman, Mississippi State University

My team analyzed decades of research on family businesses to find out their secret sauce. Three key differences help them keep an edge over competitors.

Small business, big innovation. MoMo Productions via Getty Images

July 10, 2024

Smaller family companies are the unexpected innovation powerhouses in many countries in the world

Vitaliy Skorodziyevskiy, University of Louisville; Chelsea Sherlock; Clay Dibrell; Emma Su, University of Dayton, and Jim Chrisman, Mississippi State University

Small and medium-sized family businesses are more innovative than you might realize.

Leadership decisions can be especially challenging for family companies. Warner Bros. Discovery

April 23, 2024

Should family members be in charge of family businesses? We analyzed 175 studies to understand when having a family CEO pays off

Vitaliy Skorodziyevskiy, University of Louisville; Jeff Chandler, University of North Texas; Jim Chrisman, Mississippi State University; Joshua J. Daspit, Texas State University, and Oleg Petrenko, University of Arkansas

Family businesses face unique considerations when making leadership decisions.

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