Family Governance: Family Meetings and Agreements

  • Randel S. Carlock
  • John L. Ward
Part of the A Family Business Publication book series (AFBP)


The following newspaper report tells the story of a nightmare caused by weak family and business governance that allowed an ownership conflict to turn into a lawsuit that eventually led to a judge splitting the business’ assets and ownership.


Family Firm Family Business Minority Shareholder Family Communication Family Ownership 
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  1. 1.
    Carlock, R. S. and Florent-Treacy, E. From Swords to Ploughshares: Three Generations of Family Entrepreneurship, Conflict, Transition and Connection (INSEAD case study, 2009).Google Scholar
  2. 2.
    Kets de Vries, M. Family Business: Human Dilemmas in the Family Firm (London: International Thomson Business Press, 1996).Google Scholar

Copyright information

© Randel S. Carlock and John L. Ward 2010

Authors and Affiliations

  • Randel S. Carlock
    • 1
  • John L. Ward
    • 2
  1. 1.Wendel International Centre for Family EnterpriseINSEADFrance
  2. 2.Center for Family Enterprises, Kellogg School of ManagementNorthwestern UniversityUSA

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