Board Governance

Corporate governance in Spanish family-owned companies

November 2007

The debate surrounding corporate governance is becoming a hot topic in mature economies. In Spain, although codes of governance and legal requirements focus almost exclusively on listed companies, well-managed family-owned companies have incorporated many of these recommendations.

This study reveals what successful family-owned companies are doing to incorporate corporate governance practices in their businesses while preserving family unity and ensuring that objective and professional decisions are reached.

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