Family Business Governance and Outside Directors—Expectations from an Independent Director

Based on the author's own experience as an external and independent director of several boards of directors of family-owned companies, the objective of this paper is to show the responsibilities that these directors must assume and how they should preserve their qualities as "external"...

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Bibliographic Details
Published inEuropean journal of family business Vol. 13; no. 1; pp. 126 - 130
Main Author Gallo, Miguel Angel
Format Journal Article
LanguageEnglish
Published 29.06.2023
Subjects
a externo
a independiente
Armonía
Board
Consejero
Consejo
Consejo de administración
Consensus
Empresa familiar
External director
Family business
Harmony
Independent director
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Summary:Based on the author's own experience as an external and independent director of several boards of directors of family-owned companies, the objective of this paper is to show the responsibilities that these directors must assume and how they should preserve their qualities as "external" and "independent" directors. In this way, it is expected that this commentary can help to shape the procedure of incorporation and evaluation of external and independent directors.
ISSN:2444-877X
2444-8788
2444-8788
DOI:10.24310/ejfbejfb.vi.15377