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Structure of the Company

In: Ownership in a Family Business as a Profession

Author

Listed:
  • Hermut Kormann
  • Monika Susanne Börner

Abstract

The structure of the shareholder family and that of the company are naturally closely linked. The shareholders must decide on the legal form of their company, possibly the legal organization of a corporate group, and the structure of governance. However, many legal and other regulatory requirements must be observed, so extensive expert knowledge from shareholders, tax lawyers, and business economists is required. Therefore, the shareholders need the competence to select the right advisors, as well as the competence to specify their own interests. For this, they need an overview and a basic understanding of the structure of their family business.

Suggested Citation

  • Hermut Kormann & Monika Susanne Börner, 2024. "Structure of the Company," Springer Books, in: Ownership in a Family Business as a Profession, chapter 0, pages 47-73, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-45255-1_5
    DOI: 10.1007/978-3-658-45255-1_5
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