A must read for all business-owning families

A must read for all business-owning families

Extract from the book “Governance in Family Enterprises – Maximizing Economic and Emotional Success”, 2014 , reproduced with authorisation, Palgrave Macmillan ©

Senior Manager

KPMG AG Wirtschaftsprüfungsgesellschaft


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The need for a comprehensive, global book on family business governance has become increasingly evident in the recent years. There is a lack of recent work that provides families with a good and rigorous resource on family business governance covering both the family and the business aspects.

The aim of Governance in Family Enterprises – Maximizing Economic and Emotional Success by Alexander Koeberle-Schmid, Denise Kenyon-Rouvinez and Ernesto J. Poza, three highly recognized experts in the field, is to offer a general and exhaustive view of governance in a family enterprise context.

It is very “hands-on,” providing family owners not only with definitions and context, but also tools and ideas to put in place to help both the family and the family firm thrive and improve their economic and emotional value. The impressing book will deepen the understanding of the reader and guide his approach, based on the accumulated wisdom of experience and research form successful family enterprises. The book includes interviews with CEOs, board of directors, family officers, chief family officers from around the world: case studies of family enterprises in North America, Latin America, Europe, the Middle East, and Asia. Their stories each illustrate a specific aspect of the governance and management of family enterprises.

The range of issues to be addressed is considerable. The book has a global view on topics of family office, family councils, family philanthropy, business boards, family constitution, control instruments and control systems. It uses a new family business governance model that can be like a framework for developing the family business governance of a family firm.

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