🚀 Publication Alert!
📘 “Family-Owned Business Longevity: Governance Strategies“
🗞️ Published in: International Journal of Innovative Science and Research Technology
📅 Volume 10, Issue 4, April 2025
🔗 DOI: https://doi.org/10.38124/ijisrt/25apr121
📌 ISSN: 2456-2165
I’m pleased to share my latest research focused on one of the most vital pillars of the global economy — Family-Owned Businesses (FOBs).
Family businesses play a significant role in GDP growth, employment generation, and innovation. Yet, the key to their longevity and sustainability lies in effective governance strategies — balancing tradition with transparency, values with vision, and family interests with business goals.
🔍 Highlights from the paper:
✅ Impact of family dynamics on governance
✅ Role of Boards & Family Councils
✅ Importance of professionalization & communication
✅ Succession planning & leadership development
✅ Influence of national cultures and governance frameworks
✅ Future outlook: Role of technology in governance
🎯 This study serves as a practical framework for FOBs aiming for long-term success and strategic continuity.