Happiness is Stock Liquidity
It’s One of the Keys to Keeping the Peace 
with Inactive Shareholders in Later-Generation Companies.
Here’s how you can Track Stock Value on a Continuing Basis and set up a Stock Redemption Program
by François M. de Visscher
The lack of liquidity options is the most frequently cited source of unhappiness among passive family shareholders. The demands of these shareholders frequently escalate in later generations at just about the time when larger family businesses have opportunities to expand or a need to diversify and require infusions of capital. At precisely the time when third- and fourth-generation shareholders are coalescing as a force to be reckoned with, management is resisting their demands for liquidity, setting the stage for family conflict. Under the emotional strain of being badgered for liquidity and constantly second-guessed, the managing shareholders often throw in the towel and sell the company, more out of frustration than rational choice. The collision of interests often damages family relationships irreparably. More…
