Journal article
Ownership structure and corporate governance code: The case of family business enterprises in Germany



Publication Details
Authors:
Weissenberger-Eibl, M.; Spieth, P.
Publication year:
2009
Journal:
Corporate Ownership and Control
Pages range:
382-390
Volume number:
6
Issue number:
4
ISSN:
1727-9232

Abstract
Ownership of corporations in Germany is today highly concentrated in the hands of families and other companies. Theses 'insider' systems often result in core conflict tends to be between controlling shareholders and sometimes between strong stakeholders and weak minority shareholders. The aim of this paper is to research the characteristics of ownership and control in family business and point out the role of Family Business Governance in securing an appropriate control of the owning families. The authors give suggestions how to implement the German Governance Code recommendations in family businesses.

Last updated on 2018-08-11 at 12:49