Topics of Family Business Governance: Insights on Structures, Strategies, and Executives [Hardcover]

This book focuses on the role of the board in family businesses and specifically on processes and topics of strategic importance. It comprises all the relevant topics which need to be addressed on a regular basis such as strategy development, financial management, and leadership. The pros and cons of each issue are elaborated. This is one of the few books which addresses family businesses from governance systems to the role of executives. The diverse set of examples carefully collected by the authors and an in-depth discussion on the topics provide readers with valuable insights to broaden and enrich the effectiveness of governance.

The design of boards for comprehensive tasks and efficient processes.- Introduction.- Exploring the topics of governance.- Modules and tasks of governance.-  One-tier and two-tier boards.- Design parameters of a board for family enterprises.- Governance for the lone founder.- Agenda setting:Clarifying the strategic situation and the challenges.- Monitoring: We need meaningful data.- The difficult task of advising.- To create a sense of urgency.- The boards key role during a crisis  such as COVID-19.- The boards discussions on topics of family enterprises strategies.- The key issues of the family enterprises strategy.- Profits as the basis of strategy.- Investments strategy for stability and development.- Innovation strategy for renewal and growth.- Patterns of family enterprises growth.- Avoiding unacceptable risks.- Compliance and environmental protection: CSR in family enterprises.- Recession management for coping with economic cycles.- Fighting financial squeeze.- The trade-offs of mergers & acquisitions.- The trade-offs of going public of family enterprises.- Profit distribution polilsC