Family Owned Businesses Pay Attention to Good Governance

Family Owned Businesses Pay Attention to Good Governance

The way corporations work in America, there are four roles that need to be filled: DirectorOfficerShareholderEmployee What are the responsibilities of these four roles? What happens when family members who own a business fulfill all four roles? Let’s dive in and find out. Role Responsibilities Each role in a corporation is an important one and its’ proper function in a corporation should be called-out and respected. Shareholders...