Family Business Governance and Outside Directors—Expectations from an Independent Director

Authors

  • Miguel Angel Gallo IESE Business School, Spain Spain

DOI:

https://doi.org/10.24310/ejfbejfb.vi.15377

Keywords:

Board, Consensus, External director, Family business, Independent director, Harmony
Agencies: no

Abstract

Based on the author's own experience as an external and independent director of several boards of directors of family-owned companies, the objective of this paper is to show the responsibilities that these directors must assume and how they should preserve their qualities as "external" and "independent" directors. In this way, it is expected that this commentary can help to shape the procedure of incorporation and evaluation of external and independent directors.

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References

Alvira, R. (2005). Filosofía de la vida cotidiana (3th Edition). Ediciones Rialp, S.A., Madrid.

Domingo, R. (1987). Teoría de la “auctoritas”. EUNSA, Ediciones Universidad de Navarra, Pamplona.

Gallo, M. A. (2016). El poder en la empresa. Libros de cabecera, Barcelona-Madrid.

Gallo, M. A. (2021). Coexistence, unity, professionalism and prudence. European Journal of Family Business, 11(1), 6-11. https://doi.org/10.24310/ejfbejfb.v11i1.11973

Marías, J. (1970). Antropología metafísica. Editorial Revista de Occidente, Madrid.

Zubiri, X. (1985). El hombre y Dios (3th Edition). Alianza Editorial. Madrid.

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Published

2023-06-29

How to Cite

Gallo, M. A. (2023). Family Business Governance and Outside Directors—Expectations from an Independent Director. European Journal of Family Business, 13(1), 126–130. https://doi.org/10.24310/ejfbejfb.vi.15377

Issue

Section

Essay and Commentary