Corporate Governance Practices in Flemish Family Businesses

Corporate governance practices in family businesses (FB) remain a research domain with many unsolved questions. Nonetheless, researchers agree that corporate governance practices are important for family–backed companies. Different family ownership structures and different family generations influen...

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Bibliographic Details
Published in:Corporate governance : an international review 2002-07, Vol.10 (3), p.225-245
Main Authors: Van den Berghe, L.A.A., Carchon, Steven
Format: Article
Language:English
Subjects:
board
Corporate governance
empirical research
family businesses
Flandres
management
ownership
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Summary:Corporate governance practices in family businesses (FB) remain a research domain with many unsolved questions. Nonetheless, researchers agree that corporate governance practices are important for family–backed companies. Different family ownership structures and different family generations influence the governance structures installed. So far, no research has been conducted on corporate governance characteristics among Flemish family companies. This study explores the relationships between ownership structure, board and management practices to find out where Flemish family businesses differ from non–family businesses (NFB). Additionally, this research investigates to what extent differences can be found within the group of family businesses based on family ownership and family generation.
ISSN:0964-8410
1467-8683
DOI:10.1111/1467-8683.00286