What is a Board's Role in a Family Business?
Overview
This Family Business Corporate Governance Series "What is a Board's Role in a Family Business?" explains how to build an effective board for your family company, and how boards can assist with some of the particularly challenging issues family companies face. This module discusses why you might want to evolve or change your governance model and what you could expect from a board if you do, including:
- Advantages of evolving your governance model
- Possible concerns about changing your governance model
- What can you expect your board to do?
- Questions to consider