Family Business Governance: Increasing Business Effectiveness And Professionalism by Keanon J. AldersonFamily Business Governance: Increasing Business Effectiveness And Professionalism by Keanon J. Alderson

Family Business Governance: Increasing Business Effectiveness And Professionalism

byKeanon J. Alderson

Paperback | April 15, 2019

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This book presents research-based information to provide the reader a deeper understanding of the complex nature of family owned businesses, their problems and challenges, and the unique governance structures and mechanisms that have been developed to properly guide a family business to greater effectiveness.

Family business is the most prevalent form of business organization in the world. Much of the existing literature on family and corporate governance focuses on the larger and often publicly owned corporations instead of the unique and special issues of the much more prevalent privately held (usually smaller) family businesses. This book presents research-based information to provide the reader a deeper understanding of the complex nature of family owned businesses, their problems and challenges, and the unique governance structures and mechanisms that have been developed to properly guide a family business to greater effectiveness.

For the family, such structures include having family meetings, a family council, and a family constitution. For the business, the board of directors provides experienced and knowledgeable advice and recommendations, as well as oversight and monitoring activities. For the owners, a shareholder's council and an annual shareholder meeting allows increased communication and voting on decisions. These family governance mechanisms have been shown to increase communication, reduce conflict, and improve decision making and professionalism. Each governance tool will be explored in depth. The audience for this book is family business owners, consultants, practitioners, and family business scholars. Cases will provide readers an opportunity to apply their learning to real business problems.

Keanon J. Aldersonholds an MBA and a PhD in organization and management. He is a professor of management at California Baptist University in the Robert K. Jabs School of Business where he teaches a family business management course. His research has been published in theThunderbird International Business Review, theJournal of Family Bu...
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Title:Family Business Governance: Increasing Business Effectiveness And ProfessionalismFormat:PaperbackProduct dimensions:166 pages, 9.41 × 7.24 × 0.98 inShipping dimensions:9.41 × 7.24 × 0.98 inPublished:April 15, 2019Publisher:Business Expert PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:194999130X

ISBN - 13:9781949991307

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