Part 1: remarks on the methodology of financial management from theory and practice -- From impact to insight - family business and financial leadership in practice and theory -- Five development stages of financial management of family businesses -- Part 2: transparency: kickstarter for...

This article reviews the literature and applies principal-to-principal (PP) conflict theory to small family based businesses. The lack of accurate measurement and communication of risk leading to issues with innovation, is the primary cause of PP agency costs. Careful analysis of the risk levels...