A Governance System for Families in Business: Beyond the Family Office

  • Reference: DGN-653-E

  • Publication Date: Jul 11, 2006

  • Source: IESE (España)

  • Type of Document: Technical Note

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Description

A family looking to preserve its wealth should prioritize and promote the development of human and intellectual capital among all members of the family; their economic capital can actually be an important tool for managing intellectual and human capital. The family balance sheet details how all of a family's assets (property and people) and liabilities (liabilities and equity) are organized.

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