In the dynamic landscape of family business, the concept of ownership extends far beyond mere possession; it embodies a legacy of values, a commitment to community, and a vision for sustainable impact. This webinar will delve into the transformative role of family businesses in shaping societal change through innovative ownership models. We will explore how these businesses are not just passing on wealth, but are also custodians of societal and environmental stewardship. Drawing on recent research, I will discuss how family-owned enterprises are uniquely equipped to address some of today’s most pressing challenges, such as social inequality and environmental sustainability, through their inherent focus on long-term value creation. The webinar will highlight the pivotal role of ownership in embedding a deeper purpose into the business strategy, which aligns with broader social goals and fosters a legacy of positive impact.