Corporate Governance Practices in Flemish Family Businesses

Lutgart van Den Berghe and Steven Carchon

Corporate Governance: An International Review, 2002, vol. 10, issue 3, 225-245

Abstract: Corporate governance practices in family businesses (FB) remain a research domain with many unsolved questions. Nonetheless, researchers agree that corporate governance practices are important for family–backed companies. Different family ownership structures and different family generations influence the governance structures installed. So far, no research has been conducted on corporate governance characteristics among Flemish family companies. This study explores the relationships between ownership structure, board and management practices to find out where Flemish family businesses differ from non–family businesses (NFB). Additionally, this research investigates to what extent differences can be found within the group of family businesses based on family ownership and family generation.

Date: 2002
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https://doi.org/10.1111/1467-8683.00286

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