Family businesses are an overlooked form of ownership. Yet, they are all around us. One-third of companies in the S&P 500 index 
and 40% of the 250 largest companies in France and Germany are defined as a family business. A family business means that a family owns a significant share and can influence important decisions.
As family businesses expand their entrepreneurial beginnings, unique performance and governance challenges are encountered. The generations that follow the founder may insist on
