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Case
Technical Note: The Family Constitution
Author(s)
This note introduces the importance to family businesses of drafting a family constitution to maintain success and continuity of governance of the family's enterprises. The process of family members/owners being involved in making the draft provides the most value for the enterprise, more so than the content of the finished product.
Date Published:
12/09/2010
Discipline:
Family Business;Organizational Behavior
Key Concepts:
Family Business, Family Constitution, Governance, Family Ownership, Multi-Generation, Vision, Family Leadership
Citations:
Ward, John L.. Technical Note: The Family Constitution. 7-309-502 (KEL601).