THE NECESSITY OF A BOARD IN A
FAMILY-OWNED ENTERPRISE
Francois de Montaudouin
How do you establish corporate governance in a
family owned business?
What do you mean by delegation of authority?
Typically the owner of a company or a group of companies
corporation which means that the private wealth has
What about the Board?
is to provide entrepreneurial leadership with appropriate
business opportunities to identify and implement a
growth strategy; a company that does not aim to grow
is not actually implementing the strategy; it is guiding the
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