The family constitution as a new instrument of corporate governance in German family businesses

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Abstact

The governance of family businesses is a new and exciting field of research. Germany has a particularly large number of successful family businesses. The article discusses the basic idea of the family constitution, a mechanism of corporate governance in family businesses.

Keywords: Family Businesses, Family Constitution, Corporate Governance

JEL Classification: L20, L21, L25

Received: 09.11.2022
Accepted: 15.11.2022

How to cite: Ulrich, P. (2023). The family constitution as a new instrument of corporate governance in German family businesses. In E. Karger & A. Kostyuk (Eds.), Corporate governance: An interdisciplinary outlook (pp. 130–134). Virtus Interpress. https://doi.org/10.22495/cgaiop25