Good governance: Key to an efficient succession of family business

• Main Author: Odigie, Piqeld D.
• Format: text
• Language: English
• Published: Animo Repository 2015
• Subjects: Family-owned business enterprises > Succession; Business Administration, Management, and Operations
• Online Access: https://animorepository.dlsu.edu.ph/etd_masteral/5010
• Institution: De La Salle University

One common misconception amongst people is that they believe planning for transgenerational succession in a family business should only happen at the time when the controlling manager is ready to let go of his or her position. This puts the family in a vulnerable position as the event only happens o...