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Processes for Promoting the Company

In: Ownership in a Family Business as a Profession

Author

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  • Hermut Kormann
  • Monika Susanne Börner

Abstract

The shareholders fundamentally bear the responsibility for the strategic development of their company. This statement needs to be emphasized on the one hand and explained on the other: It is a principle of the organization that tasks and the responsibilities required for their fulfillment can be delegated, but the responsibility for the essential results of task fulfillment remains with the superior, delegating authority.

Suggested Citation

  • Hermut Kormann & Monika Susanne Börner, 2024. "Processes for Promoting the Company," Springer Books, in: Ownership in a Family Business as a Profession, chapter 0, pages 103-120, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-45255-1_8
    DOI: 10.1007/978-3-658-45255-1_8
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