Center Corporate Governance
Family Business To be or not to be
For centuries, family-owned companies have been the backbone of the global economy, which suggests the appropriateness of this form of business organization. Even with the advent of corporations, their ability to adapt has allowed them to retain influence. Today, successful family-owned corporations such as the Italian Exor Holding or the French LVMH choose management structures that are most adapted to the characteristics of the family business and the scale of their activities.
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