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San Telmo Research is the San Telmo Business School’s teaching resources website. Its objective is to provide the academic world with knowledge and access to our teaching resources and promote its use by other professors and business schools.

We have significant case studies and teaching notes at your disposal in Spanish and English, including all types of Spanish and international leading companies.


Muebles Costa: A failed succession?

31/08/2017
Manuel Domínguez de la Maza| Jorge Bernal González-Villegas
MUEBLES COSTA IS THE STORY OF A FAMILY OWNED COMPANY AND THE SUCCESSION OF ITS CHAIRMAN, MR. VICENTE COSTA, BY THE NEXT GENERATION IN THE FAMILY. THE COMPANY’S SALES PLUMMETED RESULTING IN THE RISK OF BANKRUPTCY DUE TO THE CRISIS IN THE FURNITURE INDUSTRY, WHICH IN SPAIN IS PROPORTIONAL TO THAT OF CONSTRUCTION, IN 2008-2013. THE APPOINTMENT OF THE ELDEST SON AS CEO WHEN THE FATHER TAKES THE POSITION OF CHAIRMAN CAUSES THE OTHER SON TO LEAVE THE COMPANY. THE RELATIONSHIP BETWEEN THE CHAIRMAN AND HIS SON AS CEO DETERIORATES AND RESULTS IN THE FATHER’S ATTEMPT TO DESTITUTE HIS SON AND REPLACE HIM WITH HIS SON-IN-LAW.

Topics

Succession Successors Conflicts Family Business

Areas

Company Policy

Language

Español

Type

Caso

Pages

22

Code

DGI-285-E

Resources

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