Steering the Legacy: Governance and Succession in Family Enterprises
Effective governance lies at the heart of long-term family business success. This year’s conference will examine how family firms can strengthen governance structures to balance entrepreneurial agility with accountability, navigate succession with confidence, and manage the growing complexity of family offices and shared assets. Participants will explore evolving best practices in board composition, financial and managerial decision-making, and conflict resolution, as well as strategies for preparing next-generation leaders and aligning family and business goals. Through discussions with leading family business owners, advisors, and academics, the event will offer insights on how strong governance can drive sustainable growth, preserve legacy, and foster harmony across generations.
This event is part of the Family Capitalism pillar of the ECGI’s Responsible Capitalism project.
📆 Conference details:
Monday, 15 June - Tuesday, 16 June 2026
📍 Conference Location:
Estonian Business School, Tallinn, Estonia
Accommodation:
Kentmanni Hotel (400 m from EBS)
Discount code: WELCOMEBACK (gives a 35% discount from the list price)
Movenpick Hotel (EUR 150 per room/ night)
Discount code: Conference at EBS
Radisson Collection Hotel, Tallinn (5* Superior)
one night (15.-16.06.2026) special offer EUR 150
E-mail: reservations.tallinn@radissoncollection.com mentioning
Discount code: BFFI2026
CONFERENCE SCIENTIFIC COMMITTEE
Morten Bennedsen (University of Copenhagen and ECGI)
Janis Berzins (BI Norwegian Business School and BFFI)
Valdone Darškuviene (ISM University of Management and Economics and BFFI)
Krista Jaakson (University of Tartu and BFFI)
Meelis Kitsing (Estonian Business School)
Valerija Kozlova (Stockholm School of Economics (Riga), BICEPS and BFFI)
Anete Pajuste (Stockholm School of Economics (Riga), BFFI and ECGI)
Alminas Žaldokas (National University of Singapore and ECGI)
Programme
Pre conference Paper Development Workshop
Introduction and Welcome
Speaker(s)
Academic Keynote | Citizen Investors
Speaker(s)
Steering Success Across Generations: The Estonian Business School Story
Moderator
Speaker(s)
Coffee break
Practitioner workshops
Moderator
Session 2 | A Session on Family Education
Speaker(s)
Session 3 | From Liquidity to Legacy: Turning an Exit into Enduring Wealth and Impact
Speaker(s)
Academic track
Moderator
Underperformance in Family Succession: The Role of Outside Work Experience
Speaker(s)
Nepotism or Stewardship? Successor CEOs and Firm Performance
Speaker(s)
Determinants of CEO Succession Decisions in Family Firms
Speaker(s)
Practitioner Keynote | From Stewardship to Social Impact: A 6-Generation Perspective
Speaker(s)
Conference Dinner (Restaurant Roof at Movenpick Hotel)
Academic Keynote | Family Values
Speaker(s)
Practitioner workshops
Speaker(s)
Session 5 | Roundtable
Moderator
Coffee break
Session 6 | Prepare your business for generational change
Speaker(s)
Academic track
Moderator
The Talent Gap in Family Firms
Speaker(s)
Coffee Break
A Sensible Cost of Capital in Small Businesses
Speaker(s)
Legacy Creation in Modern Business Families: Patchwork and Multi-Parent Constellations
Speaker(s)
Group Photo and Lunch
Practitioner Keynote | From Heritage to High Performance
Speaker(s)
Practitioner workshops
Moderator
Session 10 | To Involve or Not to Involve the Next Generation
Speaker(s)
Session 11 | Paint the Invisible: Expanding Attention and Creative Agency in Family Businesses through Multisensory Practice
Speaker(s)
Academic track
Speaker(s)
Family Roots, Startup Wings: Balancing Control and Growth in Family Startups Seeking VC Financing
Speaker(s)
Risk Exposed, Fees Adjusted: Family Firms and Audit Fees after Expanding Audit Reporting
Speaker(s)
Coffee Break
Debate | House statement: Working outside the family business should be mandatory before joining
Moderator
Panelist(s)
Baltic Family Firm Champion 2026 Award Ceremony
Networking followed by a guided tour of Tallinn
Speakers
Morten Bennedsen
Kaie Metsla
Charlotte Ostergaard
Anete Pajuste
Luigi Zingales
Presentations
Conference General Sponsor:
Conference Contributors:
This event is part of the Family Capitalism pillar of the ECGI’s Responsible Capitalism project.
In collaboration with ECGI Institutional member
Organised by
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