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STRATEGIC CORPORATE GOVERNANCE IN FAMILY BUSINESS: A STUDY ON THE BOARD OF DIRECTORS’ ROLES AND RESPONSIBILITIES
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Henrique Cordeiro Martins 
, Carlos Alberto Gonçalves , Reynaldo Maia Muniz , Marcio Augusto Gonçalves , Jose Antonio de Sousa Neto
Abstract
The goal of this article is to analyze the constitution of the directors boards, based on their attributes, and the impact of this configuration on the roles and responsibilities of the board members in Brazilian Family Businesses. A research of a qualitative nature was carried out in 10 big family companies in Brazil. The results found point to the strategic roles as being the most relevant, but as a practical activity focused on the role of control. The Board has been more active at some moments, but is inactive at others, especially, when the concentration of capital is greater in some companies than in others.
Keywords: Corporate Governance, Board of Directors, Roles and Responsibilities
How to cite this paper: Martins, H. C., Gonçalves, C. A., de Sousa Neto, J. A., Gonçalves, M. A., & Maia Muniz R. (2012). Strategic corporate governance in family business: A study on the board of directors’ roles and responsibilities. Corporate Ownership & Control, 9(2), 9-20. https://doi.org/10.22495/cocv9i2art1
