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Compact case
Subject category: Entrepreneurship
Published by: INSEAD
Originally published in: 2008
Version: 02.2008

Abstract

The case describes the way in which members of a family owning a business try to put together a family meeting to discuss the future of the enterprise. The case allows a discussion of the question of rules for family members working in the business, ownership distribution, family meetings, reconciling individual interests - all the elements of what family business scholars and practitioners term ''family governance''. The objective of the case is to allow participants to grasp the issues at stake for members of a third generation family business, using ''hands on'' communication tools (similar to those suggested to participants for use in their own family meetings).
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Abstract

The case describes the way in which members of a family owning a business try to put together a family meeting to discuss the future of the enterprise. The case allows a discussion of the question of rules for family members working in the business, ownership distribution, family meetings, reconciling individual interests - all the elements of what family business scholars and practitioners term ''family governance''. The objective of the case is to allow participants to grasp the issues at stake for members of a third generation family business, using ''hands on'' communication tools (similar to those suggested to participants for use in their own family meetings).

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