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Family business governance: what’s wrong? What’s right? What’s next?

Irfan Saleem (Groupe de Recherche en Gestion des Organisations (GREGOR), Université Paris 1 Panthéon-Sorbonne, Paris, France, and UCP Business School, University of Central Punjab, Lahore, Pakistan)
Faiza Khalid (UCP Business School, University of Central Punjab, Lahore, Pakistan)
Muhammad Nadeem (Department of Accountancy and Finance, University of Otago, Dunedin, New Zealand)

Publication date: 28 January 2019

Abstract

Learning outcomes

This case study can help the reader to understand how to build an effective board for family business, and why evolving board structure can help family firm to sustain for a longer period in Market. Reader can also learn about role of independent director, CEO's Succession process and ways to deal with duality issue that family owned enterprise may face during a transition from generation X to Y.

Case overview/synopsis

This teaching case study describes various decision-making situations using example of a Pakistani family firm and entrepreneurs who started the business few decades back in France. This partially disguised case is based on actual events. The data are collected based on discussions with family business owners and minutes of meetings. The objective of study is to make sense of the family business theories e.g. socio emotional wealth stakeholder and agency. Case readers can also learn about the family’s business governance practices using diverse scenarios presented in this case.

Complexity academic level

This study is suitable for graduate and undergraduate studies.

Supplementary materials

Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes.

Subject code

CSS 7: Management science.

Keywords

Acknowledgements

Disclaimer. This case is written solely for educational purposes and is not intended to represent successful or unsuccessful managerial decision-making. The authors may have disguised names; financial and other recognizable information to protect confidentiality.

Citation

Saleem, I., Khalid, F. and Nadeem, M. (2019), "Family business governance: what’s wrong? What’s right? What’s next?", , Vol. 9 No. 1. https://doi.org/10.1108/EEMCS-02-2018-0011

Publisher

:

Emerald Publishing Limited

Copyright © 2019, Emerald Publishing Limited

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