Author : Holger Fleischer
Release : 2018
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Family Firms and Family Constitutions by : Holger Fleischer
Download or read book Family Firms and Family Constitutions written by Holger Fleischer. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: 'Family firms are fashionable' - this is the Economist's snappy analysis of a new international trend. The article goes on to tell that more and more family companies are drawing up formal family constitutions. This movement is also gradually beginning to spread in Germany. To date, academic treatment has largely come from the field of management science. Studies of the corporate law aspects of this novel instrument are still rare. However, international law firms have now discovered the family constitution for themselves, and praise its virtues both in providing guidance and creating consensus.This paper seeks to provide a corporate law analysis of family constitutions. It looks first at the governance framework for family firms (2) before exploring the international developments of family constitutions (3). This will be followed by examining their regulatory nature (4) and potential legal implications (5).
