Ownership and Business Succession: Considerations from Catholic Social Teaching and the Economy of Communion

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2020-32.pdf (322.5 KB)

Authors

Beabout, Gregory

Issue Date

2020

Volume

22

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Journal Article

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Research Projects

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Abstract

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.|Keywords: ownership, business succession, community, communion, Catholic social teaching, economy of communion

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Publisher

Rabbi Myer and Dorothy Kripke Center, Creighton University

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CC-BY 4.0

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http://hdl.handle.net/10504/127789

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Additional link

https://moses.creighton.edu/jrs/toc/SS22.html

ISSN

1941-8450

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Supplement Series for the Journal of Religion and Society