Presents a comprehensive overview of governance in family enterprises including practical management knowledge in easy-to-use frameworks and interviews with renowned family enterprise owners and managers. Readers will benefit from the book's systematic approach and the opportunity to learn from the experience of other family enterprises.PREFACE PART I. STRUCTURES FOR FAMILY BUSINESS: FAMILY BUSINESS GOVERNANCE 1. Family Business Governance 2. Governance Challenges 3. Governance Evolution 4. Professional Ownership PART II. STRUCTURES FOR BUSINESS: BUSINESS GOVERNANCE 5. Board of Directors 6. Chief Executive Officer 7. Control Instruments PART III. STRUCTURES FOR FAMILY: FAMILY GOVERNANCE 8. Family Council and Family Manager 9. Family Philanthropic Foundation 10. Family Office PART IV. DOCUMENTATION OF GOVERNANCE STRUCTURES: FAMILY CONSTITUTION 11. Governance Code for Family Enterprises 12. Family Constitution 13. Conclusion
'Governance in Family Enterprises is the most comprehensive and practical resource on best practices. The authors appreciate that governance is more art than science, and they bring particularly special insights into governing family offices, family foundations and serial enterprising families. The book is greatly enriched with wonderfully global examples and role models.'
- John L. Ward, Clinical Professor of Family Enterprises, Kellogg School of Management, USA
'With over fifty years of experience as researchers and advisors to family enterprises, these authors combine their insights on family and business governance to provide a thought-provoking account of governance systems, how to bring them to life and modify them as they evolve over time. A valuable educational guide for advisors and family members alike!'
- Pramodita Sharma, Sanders Professor of Family Business, University of
Vermont and Editor, Family Business Review
'This book allows familyl“-