Abstract
From our pioneering studies and decades of personal experience, we are convinced that an active board with independent directors is the single greatest step for family business success and continuity. As we have stressed throughout, an active board is one that meets at least three times per year; and an independent board is one that includes at least three objective outsiders. This powerful combination creates a board that is a unique resource in many ways.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Copyright information
© 2011 Jennifer M. Pendergast, John L. Ward, and Stephanie Brun de Pontet
About this chapter
Cite this chapter
Pendergast, J.M., Ward, J.L., de Pontet, S.B. (2011). Our Call to Action. In: Building a Successful Family Business Board. A Family Business Publication. Palgrave Macmillan, New York. https://doi.org/10.1007/978-1-137-51171-3_12
Download citation
DOI: https://doi.org/10.1007/978-1-137-51171-3_12
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-0-230-11154-7
Online ISBN: 978-1-137-51171-3
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)