Abstract
A practitioner is typically looking for a step-by-step process when he or she is asked to apply a conceptual scheme in his or her firm. The same is true of applying a corporate governance scheme in a family business. It is the aim of this chapter to provide such a process.
Hell begins on the day when God grants us a clear vision of all that we might have achieved, of all the gifts which we have wasted, of all we might have done which we did not do
(Gian-Carlo Menotti, contemporary Italian composer).
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Note
This mini-case is taken from F. F. Neubauer and A. G. Lank, ‘Appraising and redesigning a governance system for a family business’, The Director’s Manual-Supplement 8, September 1996, pp. B12/10.
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© 1998 Fred Neubauer and Alden G. Lank
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Neubauer, F., Lank, A.G. (1998). Putting it All to Work: Creating a Governance Structure for a Family Business. In: The Family Business. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-14465-5_10
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DOI: https://doi.org/10.1007/978-1-349-14465-5_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-14467-9
Online ISBN: 978-1-349-14465-5
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