Stock market listings of family-owned
businesses in the GCC that have certain legal corporate structures are rare, given the possible existence of dual-class shares or side agreements that may not be enforceable in court.
But, according to the Small Business Administration, nine out of 10 businesses in this country are family-owned
and they represent almost two-thirds of total U.
The findings are significant because approximately 80 per cent of non-oil GDP within the Middle East region is accounted for by family-owned
More than a quarter (28 percent) of respondents from family-owned
businesses indicated that they do not have a board of directors.
A recent research study by CTPartners highlighted the succession planning as one of the key issues when it comes to wealth management and family-owned
CTPartners believes that regional family-owned
businesses, which constitute at least 75 per cent of the private sector economy and employ more than two-thirds of the labour force in the Arab region, need to ensure sustainability beyond the founding fathers and their immediate offspring.
For more perspective on family-owned
career universities, read the full version of this column online.
We were excited to present Gifford's Ice Cream with our Gannett Family Business of the Year Award this year," said Tom Juenemann, Director of the Institute for Family-Owned
Klondyke chairman Bob Gault said: "We are very pleased to acquire Holland Arms, which has been a wellrun family-owned
business for over 50 years.
To minimize disruptive litigation and family disharmony, family-owned
PTCs may be used; in this way, various segments of family members have a voice in governing the trust, and the trust can ultimately be responsive to the goals and needs of the family's various generations.
Wal-Mart: The High Cost of Low Price'' shows how this retail empire achieves those prices while reaping billions in profits and leaving many family-owned
Being a small, family-owned
company, Gowan cannot achieve its objectives through tactics used by other crop protection providers--we have to apply the same principles upon which Gowan has built its business.