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

Governance of the Family Business Owners

by John A. Davis

Abstract

Reviews the principal ways in which the owners of a family business achieve their governance objectives of a suitable identity and sensible direction and the discipline to achieve these. Covers the responsibilities and rights of owners, plus governance procedures, plans, policies, statements, rules, agreements, and structure.

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

Citation:

Davis, John A. "Governance of the Family Business Owners." Harvard Business School Background Note 807-021, August 2006. (Revised July 2007.)