Family offices as a new form of family business governance

Download This Article

Patrick Ulrich ORCID logo, Felix Stockert

https://doi.org/10.22495/cgtapp15

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstact

Family firms form the majority of companies in almost every country in the world. The organization of the founding families, however, does not play a big role in corporate governance theory and practice. German family firms have created a relatively new form of family firm governance and organization: the family office. This specific form of organization deals with family organization, financial assets, and general family consulting.

Keywords: Family Firms, Family Offices, Corporate Governance, Family Governance

JEL Classification: G30, M40, F30

Received: 27.04.2022
Accepted: 03.05.2022

How to cite: Ulrich, P., & Stockert, F. (2022). Family offices as a new form of family business governance. In G. M. Mantovani, A. Kostyuk, & D. Govorun (Eds.), Corporate governance: Theory and practice (pp. 81–87). https://doi.org/10.22495/cgtapp15