ABSTRACT
The last word that newspaper magnate Charles Foster Kane ever uttered was “Rosebud.” It is widely believed that Kane—the central character in the 1941 film “Citizen Kane”—was referring to the trade name of his childhood sled, which he was playing with just before he was taken away from his family to live with a guardian so that he could get a better education. In 1939, Harvard’s Grant study began by assessing the physical and mental well-being of a group of male graduates of Harvard College. Since then, researchers have followed the lives of 268 men who graduated from 1939 to 1944. The issue of fair treatment is also important in family enterprise because money and privileged rights that are not merit-based are often associated with power and status within the family. Western cultures give more scope for young people to define their identities in a way that fits their unique self while being considered positive by their community.
