ABSTRACT
Introduction In its most general form, corporate governance describes “the study of power and inuence over decision making within a corporation” (Aguilera and Jackson 2010: 487). For family enterprises1, the study of corporate governance encompasses the exploration of the dierent systems and structures that are put in place to help the family business and the business family make decisions regarding the direction of the business and to assure accountability and control in the relationships of the business, family and ownership of the rm (Gallo and Kenyon-Rouvinez 2006). Thus, decisions about governance are important because the success in this context is closely tied to the structures and processes that are in place to help the family and the business adapt to the environment and disruptions that occur (Miller and Le Breton-Miller 2006, Suess 2014).
