One size does not fit all: Entrepreneurial families’ reliance on family offices

Family offices are organisations dedicated to the management of entrepreneurial families’ private wealth. Based on agency theory, we analyse types of family offices with regard to the families’ goals and the control mechanisms used to ensure goal achievement. Family-dominant management and private client structures involve stronger emphasis on non-financial goals in single and multi-family offices than in non-family-dominant management and open client structures. Variations in family involvement, ranging from family dominance to the complete absence of family ownership and/or management, and diverse client structures justify the differential reliance on formal and informal control mechanisms.

Quand les greniers se remplissent: Les bénéfices du partenariat entre la recherche agronomique, la vulgarisation agricole et des organisations paysannes au Mali

This publication is a collation and summary of the major achievements of the Agricultural Research Station of Cinzana (SRAC) and the Capacity Building for Sustainable Agriculture Project (PRECAD). Both projects, created in 1983 and 2006, respectively, have been developed through close collaboration between the Rural Economy Institute (IER) responsible for agricultural research in Mali and the Syngenta Foundation for Sustainable Agriculture (SFSA), formerly the Ciba-Geigy Foundation. The publication covers the period from 1979 to 2009 and includes, where available, some key information for the year 2010. It is aimed at a wide audience and provides an overview of the work carried out in Mali by an agricultural research station and an extension project. It highlights the obstacles and opportunities encountered by the SRAC and PRECAD, as well as the successes and difficulties arising from their work.