Corporate Governance for Family-Owned Businesses

Family businesses remain an important part of the economy and continue to generate a substantial amount of revenue and provide employment for millions of persons around the United States.  In fact, recent business conditions are driving the formation of even more family businesses as larger companies lay off workers and force them to turn to an entrepreneurial life.  My report this week highlights some of the issues that should be considered with respect to corporate governance issues for family-owned businesses.

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