Australian institute of Company Directors (beta)
Topic: Family business
A family business is a commercial organization in which decision-making is influenced by multiple generations of a family—related by blood or marriage.
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Governance Leadership Centre
Opinion: Do we need separate ‘owners boards’?
25 January 2017 | Ludo Van der Heyden
Do private businesses need a second shareholders’ board to balance the interests of owners? Ahead of his appearances at AICD events in Sydney and Melbourne in February, Ludo Van der Heyden, INSEAD Cha...
Avoiding entrapment in the family business
1 December 2014
With an estimated 65 per cent of all family businesses having two or more generations working in them, it is vital to ensure that the older generation avoids entrapping younger family members in the b...
Avoiding family feuds
3 May 2010
Family-owned businesses dominate Australia’s commercial landscape, accounting for around two-thirds of all businesses operating in the country. Emerging research also indicates they outperform their p...