Ownership and Business Succession: Considerations from Catholic Social Teaching and the Economy of Communion
Small to medium-sized businesses are a significant part of the economy, and play a very significant role strengthening local communities. However, few have a clear plan for succession. Business succession is important for owners committed to goods beyond mere profits, and such succession is difficul...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Rabbi Myer and Dorothy Kripke Center for the Study of Religion and Society at Creighton University
2020
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| In: |
Journal of religion & society. Supplement
Year: 2020, Volume: 22, Pages: 141-156 |
| Online Access: |
Volltext (kostenfrei) |
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| 520 | |a Small to medium-sized businesses are a significant part of the economy, and play a very significant role strengthening local communities. However, few have a clear plan for succession. Business succession is important for owners committed to goods beyond mere profits, and such succession is difficult to manage. The article considers fundamental issues about ownership and owning a business, and draws from Catholic social doctrine to consider ownership as stewardship to promote communion. In response to practical questions about business succession, a series of options are considered with an eye to considering how to sustain community goods beyond profit maximization. | ||
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