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Articles tagged: Fiduciary Duties & Corporate Governance

Business owner conflict

Governance Systems Should Anticipate and Resolve Business Ownership Conflicts

Business ownership conflicts threaten the continuity of a business, and when decision-makers can’t step up, the board must lead the charge.

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Management Succession Planning

How to Plan for Management Succession

Planning for management succession is easier once you know your company’s business objectives and talent needs.

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Managing Risk

Tips to Manage Business Risks with Your Board and Management Team

Business owners have little time to ponder unlikely events. It’s up to the board and management team to manage business risks continuously.

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Family business succession

Structure is the Key to Stronger Family Business Succession Planning

Unorganized family structure can lead to failed business transitions. A successful family business succession plan requires clear roles.

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Director compensation

Study: Private Company Board Compensation

How much should board of directors members be paid? In cash or retainers? Find out how companies pay their directors in the latest study.

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Experience Executive

C-Suite to Boardroom: The Traits an Experienced Executive Needs to Be an Effective Director

An executive can make an effective board director, but he or she must be aware of how the boardroom style differs from c-suite leadership.

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Fur Balls

Family Business Conflicts: Are You Choking on Family Fur Balls?

Conflict resolution in family business starts by addressing ‘fur balls’. Don’t choke, or family business conflicts will worsen.

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Family Business Trends

STEP, KPMG Study: Global Family Business Governance Trends

Here’s what the STEP survey on global family business trends reveals about governance, Millennial leadership, diversity and retirement.

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Banking Relationships Using Poe’s The Raven

Guidelines to Improve Your Company’s Banking Relationship (In the Style of Poe’s ‘The Raven’)

In order to improve your banking relationship and get the most favorable terms from your lender, focus on two things: character and cash flow.

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Three Circle Model

Revisiting the Three Circle Model of Family Business to Strengthen Governance Structures

It’s been 40 years since Gersick introduced the Three Circle Model for Family Business. How can you assess governance maturity in each circle?

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