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1. What is family business? What makes a family business unique? What does each theory contribute to

1. What is family business? What makes a family business unique? What does
each theory contribute to the understanding of family business?

2. What benefits do family meetings bring to families in business? What does the
family-business interaction factor claim to be the value that families add to a
family business?

3. What leadership actions are the responsibility of the chairman and CEO with
regards to effectively governing the relations between majority-minority
shareholders and between shareholders and the firm? What are the three
primary responsibilities of shareholders towards the corporation they own?

4. What are common challenges to governing the family business relationship?
What policies are families encouraged to develop, before the urgent need
arises during succession, in order to beat the low odds of family-business

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