Alderson, Keanon J., <br/><br/>
Family business governance :  increasing business effectiveness and professionalism / 
Keanon J. Alderson, MBA, PhD. 
 - First edition. 
 - 1 online resource (148 pages) 
 - Entrepreneurship and small business management collection,  1946-5661 .
 - Entrepreneurship and small business management collection. .
<br/><br/>Includes bibliographies and index. 
<br/><br/>Part I. Overview of family business. Chapter 1. Introduction to family business ; Chapter 2. Overview of family business theories --  Part II. Types of governance for family businesses. Chapter 3. Introduction to governance ; Chapter 4. Family governance ; Chapter 5. Governance of the business ; Chapter 6. Ownership governance --  Part III. Increasing the professionalism of the firm and the role of governance in the future. Chapter 7. Increasing the professionalism and effectiveness of family firms ; Chapter 8. The future of governance --  Conclusion --  Case studies --  Appendix --  Glossary --  References. 
<br/><br/> Family business is the most prevalent form of business organization in the world. Much of the existing literature on family and corporate govern-ance 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 recommenda-tions, as well as oversight and monitoring activities. For the owners, a shareholder's council and an annual shareholder meeting allow 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 provide readers an opportunity to apply their learning to real business problems. 
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<br/><br/><br/>Mode of access: World Wide Web. <br/>System requirements: Adobe Acrobat reader. 
<br/><br/><label>ISBN: </label>9781949991314 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Investments, Foreign--India.<br/>Family-owned business enterprises.<br/>Corporate governance.
<br/><br/><label>Subjects--Index Terms: </label>Family firm governance. Family business. Family-owned enterprise. Family business governance. Firm performance. Board of directors. Governance. Family council. Family constitution. Management. Transparency. Professionalism. Corporate social responsibility. 
<br/><br/><label>Index Terms--Genre/Form: </label><br/>[genre]<br/>Electronic books.
<br/><br/><label>LC Class. No.: </label>HD62.25