Governance Code for Managing “Family” in Indian Family Businesses

Authors

  • T. R. Madan Mohan Managing Partner, Browne and Mohan, Bangalore
  • Sharadha V. Junior Consultant (Strategy & Finance), Browne and Mohan, Bangalore
  • Mukund Mohan K. Junior Consultant (Marketing), Browne and Mohan, Bangalore

DOI:

https://doi.org/10.33516/maj.v56i10.86-89p

Keywords:

No Keywords.

Abstract

Most family business are designed to fail as they do not address governance issues. In this paper we present family business code (FBC) for Indian family business, listed and unlisted, that helps them address all facets of governance and sustainability.

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Published

2021-10-31

How to Cite

Mohan, T. R. M., V., S., & K., M. M. (2021). Governance Code for Managing “Family” in Indian Family Businesses. The Management Accountant Journal, 56(10), 86–89. https://doi.org/10.33516/maj.v56i10.86-89p

Issue

Volume 56, Issue 10, October 2021

Section

Family Business
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References

AIDAF (2017). Corporate Governance Principles for Unlisted Family-Controlled Companies: Code of Corporate Governance. Italian Association of Family Businesses (AIDAF). Milan, Italy: University of Bocconi.

Cuomo, F., Mallin, C., and Zattoni, A. (2016) Corporate Governance Codes: A Review and Research Agenda. Corporate Governance: An International Review, 24: 222–241.

FBNed (2003). The Family Business Governance Report: Practices and Recommendations. The FBNed Committee for Good Governance in Family Businesses. Tilburg, NL: Familiebedrijven Nederland.

FRC (2018) The Wates Corporate Governance Principles for Large Private Companies. London: Financial Reporting Council.

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