Taking stock of governance in family businesses

Rupert Phelps, family wealth partner, Smith & Williamson, 08/02/2021

Most family businesses look to stand for something more than simply the enrichment of family members. Most seek to have real purpose, such as the preservation of a beautiful and historic property.

It is only through good governance that this purpose can be fulfilled and – just as important  –  passed on to the next generation. Our latest Family Business Survey, conducted in September 2020 and which drew on responses from more than 14...

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