IDEAS home Printed from https://ideas.repec.org/p/cfi/jseres/cj125.html

Examining Family Governance

Author

Listed:
  • Noriyuki Yanagawa

    (The University of Tokyo)

Abstract

This paper examines the framework of corporate governance in family businesses by analyzing its relationship with general governance theories, the unique characteristics of family firms, and succession planning. The study highlights the necessity of distinguishing the "family" system from the "business" system when addressing governance issues. It further argues that clarifying decision-making processes and articulating tacit knowledge are essential. Finally, regarding succession planning, the paper posits that ensuring a smooth transition between principals and fostering consensus among stakeholders, including employees and financial providers, are critical factors.

Suggested Citation

  • Noriyuki Yanagawa, 2026. "Examining Family Governance," CARF J-Series CARF-J-125, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    • Handle: RePEc:cfi:jseres:cj125
    as

    Download full text from publisher

    File URL: https://www.carf.e.u-tokyo.ac.jp/wp/wp-content/uploads/2026/02/J125.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cfi:jseres:cj125. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/catokjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.