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Are the 'Best Practices' All Wrong for Your Family Business?

Year: 2025
Type: article
Abstract: Family businesses are more than economic engines. They are rooted in family legacy and carry the weight of continuity. But behind the impressive numbers are families quietly struggling to stay connected while evolving. One of their biggest challenges is choosing the right governance models – formal rules, processes, and systems – to keep the company focused as it grows and as new generations become involved.
Language: English
Open Access status: gold
OpenAlex ID: W4413683992
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