Oh, I was concentrating more on the this part of your post:
Family businesses are a pretty good example. The younger generation is often involved in the business from a young age, because it's in the interests of the family. The younger generation being actively involved also shows clear signs to the employees that their future is at least somewhat secure from that point of view, in that they know the next generation won't sell the business off as soon as their parents die.
but you're not wrong in your example. Although, if the landlord dies, it doesn't really matter if the person who takes over is his child or not, since things are going to be different anyway. Odds are, it's better if the new landlord is the old one's child because he/she has likely had previous contact with the tenants and they know what to expect.Amman de Stazia said:Ironic, given that the real power of the modern world is money, and money is passed from parent to child without question
Family businesses are a pretty good example. The younger generation is often involved in the business from a young age, because it's in the interests of the family. The younger generation being actively involved also shows clear signs to the employees that their future is at least somewhat secure from that point of view, in that they know the next generation won't sell the business off as soon as their parents die.