The Challenges of Family Business Governance

This issue of Search explores the dynamic situation of family businesses and their quest to professionalize their activity and build clarity among the roles and responsibilities of business owners, family members, non-family executives and independent board members. Despite the reticence of some business owners, the importance of non-family executives and external advisors in undeniable. Combining governance and business development strategy, qualified non-family executives bring their experience, extensive knowledge and objective insight to the family business environment.

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