Corporate governance in family firms

By their nature as family-owned, some family businesses think they can be more familiar and informal in their approach, and less commercial and regimented. This confusion can lead their operations to move in one direction and business formalities in the other. As a result, their corporate governance structures – shareholder and board meetings, for instance […]

The family in business

Family businesses always have an owner family as the shareholder of reference. This is the family that defines the company’s purpose and transforms family values into corporate values. This is the family that serves as a beacon of unity and commitment, transmitting a sense of corporate stability and long-term continuity. Hence, the importance of developing, […]

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The family council, a means and not an end

Guest contributor: María Rodríguez García Predoctoral Researcher and Lecturer · Universitat de València Visiting Researcher · IESE Chair of Family-Owned Business The family council as a concept began gaining traction in the 1990s, when consultants and academics highlighted its relevance in terms of protecting the business family’s long-term interests and navigating potential family complexity. Under […]

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