I was recently able to observe these factors for myself when visiting Salt Lake City to share Color Accounting with twenty managers in a family-owned conglomerate.
"Why not pay out more dividends?" one group may ask - while others advocate keeping the assets in the business to finance future growth.
Family business is a fascinating intersection of personal matters and classical business issues. These same questions are often asked around the board tables of billion-dollar multinational corporations - only not among cousins.
Warm Regards, Peter