Family Firms

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Family controlled firms are ubiquitous, both among publicly listed and privately owned entities. They represent a key driver for supporting the transition toward a sustainable economy as they globally dominate some of the key sectors that have a significant environmental and social impact. Family firms have been lauded for their commitment to long-term goals, stability, authenticity and values. Yet, family-controlled firms face substantial corporate governance challenges. Succession is often complex and difficult to resolve. Listing on stock markets raises issues about corporate control.

Family controlled firms are ubiquitous, both among publicly listed and privately owned entities. They represent a key driver for supporting the transition toward a sustainable economy as they globally dominate some of the key sectors that have a significant environmental and social impact. Family firms have been lauded for their commitment to long-term goals, stability, authenticity and values. Yet, family-controlled firms face substantial corporate governance challenges. Succession is often complex and difficult to resolve. Listing on stock markets raises issues about corporate control.

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