2011 | OriginalPaper | Chapter
Our Call to Action
Authors : Jennifer M. Pendergast, John L. Ward, Stephanie Brun de Pontet
Published in: Building a Successful Family Business Board
Publisher: Palgrave Macmillan US
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From our pioneering studies and decades of personal experience, we are convinced that an active board with independent directors is the single greatest step for family business success and continuity. As we have stressed throughout, an active board is one that meets at least three times per year; and an independent board is one that includes at least three objective outsiders. This powerful combination creates a board that is a unique resource in many ways.