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Poorly performing family firms more likely to improve governance

11 June 2015 | Research

According to a study conducted by Assoc Prof Marleen Dieleman from the Centre for Governance, Institutions and Organisations at the NUS Business School, while family owners in general care about preserving their reputation, they may be more motivated to improve corporate governance in times of poor performance. She noted that regulators and stock exchanges could use the findings of the study to more effectively monitor compliance of family firms with governance standards.

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