Your course textbook can be accessed via the DART eBook link in the Getting Started module.
Textbook:
Basco, R. (2024). Family business management. Routledge. DOI: 10.4324/9781003273240
Read:
Chapter 7 – Ownership governance in family business
This chapter is important because it introduces governance and the different types of family owners in the family business. All family businesses have corporate governance whether the business is small or very large. When the family business is small, there is informal governance. Even if the governance is not highly developed, it can still be very effective, especially in terms of how governance changes with time. Agency is unique to the family business and is also covered.
Chapter 8 – Business governance in family business
This chapter is interesting. You will learn about the differences between ownership and business governance. Including the board of directors of the family business. Including important tasks performed by the board of directors. It is important to develop business governance to provide structure, coordination, and communication for the family business, and finally, how governance can provide a competitive advantage in the marketplace.
Chapter 9 – Family governance in family business
This chapter is a deeper understanding of governance in the family business. The differences between ownership, business, and family governance include understanding the roles of all family members ' responsibilities and developing a governance structure.
The Family Business Channel. (2020). Family Business Legacies | 3rd Gen Family Celebrates 60 Years (Dr. Manoj Shah) [Video]. Reg Athwal TV.https://www.youtube.com/watch?v=7DJCALqg2do
