Based on the author's own experience as an external and independent director of several boards of directors of family-owned companies, the objective of this paper is to show the responsibilities that these directors must assume and how they should preserve their qualities as "external" and...

Nothing but good ownership makes long-lasting family companies. Yet, during our international consulting, research, and teaching engagements, we have encountered many ill-equipped next generation owners or owners-to-be, especially among women. We coined this phenomenon 'the daughters' inclusion...

Family firms are complex and dynamic entities that are rich with peculiar, idiosyncratic features. The objective of this paper is to provide guidance to help those involved in family businesses, businesspersons, and family members to pursue the continuity of the family firm over time. Based on...