The board of directors in family firms: one size fits all?

Article Abstract:

The need for family based businesses to employ an external board of directors apart from family members is discussed. A theory for the same is also discussed and the fact that power, experience and culture makeup are reflected in the boards characteristics is examined.

Methods, Corporate governance, Global economy, Boards of directors

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Entrepreneurship and family business in a hostile environment: the case of Lithuania

Article Abstract:

The strategies being adopted by family owned businesses and the non-family owned businesses in Lithuania are suggested. The economic environment in the country is not conducive to businesses.

Lithuania, Venture Analysis, Economic aspects, Business enterprises, Entrepreneurship

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Organization of transfers of small and medium-sized enterprises within the family: tax law considerations

Article Abstract:

The effects of different tax laws on choice of succession planning of family businesses are analyzed based on recent abolishment of gift and inheritance tax in Sweden.

Sweden, Executive changes & profiles, Taxes, Officials and employees, Taxation, Appointments, resignations and dismissals, Executives, Tax policy, Succession planning (Business)

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