Corporate Governance for Family-owned Businesses

When a family business moves from a controlling owner to stages where the family and ownership group are larger and more diverse, the establishment of good and proper governance structures is a critical-step in the businesses and family’s journey.

Formalising the governance structures and the processes complimenting them within a family business, such as the Board of Directors, Family Board, Family Council, and the Family Constitution, can enable family firms to be more resilient and focus on pertinent issues in their respective forum. This programme therefore seeks to tackle head-on the delicate balance between governing a business and a family harmoniously with a primary focus on business element