... is an important step in gaining a more accurate insight into the strengths and weaknesses of family companies. The family council and family constitution in Turkish family businesses are presented in detail, and it is explained that in order to institutionalize family businesses the rules and principles...

...Abstract This chapter provides an introduction to the world of family companies and family constitutions from a legal perspective. It first studies the legal types of business organizations that family firms have chosen across time and jurisdictions. It then illustrates how early predecessors...

...Abstract This chapter presents the current research status of family constitutions from an economics perspective. It locates the family constitution as part of the family and business governance structure of a family firm and the owner family. The typical structure and content of a family...

... by the introduction of the case and the discussion of the key findings. This chapter ends with some concluding remarks. Family governance family constitution framework of fair process family as strategic resource single-case study Netherlands 5.1. Family Governance: Some Theoretical Perspectives 5.1.1...

... dispersed ownership family governance owner family family constitution alignment communication cohesion multi-case study 6.1. Introduction Family business research aims at improving the functioning of family firms, and one way to do it is by gaining a deeper understanding of the forces that underlie...

... in the family business context is much more complex than that acknowledged in prior research and has implications for both future research and practice. Family constitution family council family governance business governance financial performance family-oriented performance quantitative research...

... companies. In this chapter, the authors analyze theoretical and empirical findings on family governance with a focus on family constitution and present the results of their own exploratory empirical survey conducted in 2017. Family constitution motives for introducing the family constitution motives...

...Abstract The modern family constitution is a written declaration summarizing a process of agreement and decision-making within an entrepreneurial family regarding the motives, guidelines, and regulations for the family members’ cooperation within the family and the family business association...

... of the company. However, in a family business, it is necessary to find legal, social, and psychological techniques to combine these two areas and to establish strong and binding relations. This is the function of shareholder agreements and family constitutions. Family constitution shareholder agreement...

... their governance rules, and notably their family constitutions. It concludes that business and family stories often prove to be a good match, at least in France. Family constitution shareholder agreement legal forms France French family firms corporate governance codes 15.1. Introduction Ah la...

...Abstract Family constitutions are relatively new to the law of family companies, although there might have been forerunners in the history of entrepreneur families. The practical importance and the proliferation of family constitutions in German family companies are increasing, along...

... constitution in its written form and the constitution in its practiced form; heterogeneity versus standardization of family constitution content (because of some dominating consulting approaches); the effect of national legal frameworks and traditions on the prevalence of the family constitution and its...