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Spotlight on governance in family businesses
To untangle the complexities, families turn to consultants and bankers who play mediator and confidant
'I told my brothers, any issues, you discuss within (your) family, you filter it and give me your opinion. I'll just treat that opinion as yours; I will never say it's from your wife.' - Qian Hu CEO Kenny Yap (above), on keeping in-laws out of the business
Singapore
FAMILY businesses here have begun to set their houses in order for the years ahead with governance structures - a sensitive topic that touches on in-laws, cousins, and children who have left to find themselves (and thus, may return)...
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