Background Note | HBS Case Collection | August 2006 (Revised July 2007)

Fundamentals of Family Business System Governance

by John A. Davis

Abstract

Reviews the purposes and ingredients in the governance (or steering) of a family business system. Explores at a high level the governance of the family business, its owners, and the family. Focuses on how these governance structures, processes, plans, and agreements interact.

Keywords: Family Business; Corporate Governance; Governing Rules, Regulations, and Reforms; Family Ownership;

Citation:

Davis, John A. "Fundamentals of Family Business System Governance." Harvard Business School Background Note 807-019, August 2006. (Revised July 2007.)