Chapter 16 Three Family@business Governance Tools
Every family@business is a body established and managed in accordance with corporate law in the legal systems of various countries. The specific rules differ per country and per state or province. These rules also differ according to the legal structure in which the company is incorporated. However important, for these reasons, the technical details of legal, financial, and fiscal corporate constructions are out of the scope of this book.
The Governance of a Family@business Is Complex
The reason for this complexity is simple: many layers are operational at the same time and need to be coordinated with each other. Without wanting to be exhaustive, let's take a ...
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