Who should be on the board of a family business?
Many family business boards consist solely of family members. While this might provide some comfort to family members that their interests are being represented, especially when there are different groups or branches of family members, it’s rarely advisable. Indeed, it might end up harming their interests — the opposite of what they are seeking to accomplish.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: