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Working Paper 2/2025: ‘Risk management for good governance of family businesses’.

  • Authors: Eugenia Cusí (Independent Director/Corporate Governance) Sara Giménez (Independent Director/Executive Coach) Good Corporate Governance
  • (2025).
  • Publication types: Recurs electrònic
  • URL Publication: Working Paper 2/2025: ‘Risk management for good governance of family businesses’.
  • Abstract:

    It addresses how strategic risk management can strengthen the sustainability, resilience and continuity of family businesses. The booklet provides practical tools for identifying, ranking and prioritising business risks. It details five broad categories of risk (governance, strategic, financial, operational and people-related), the steps to build an effective risk map, and discusses both internal risk management and possible outsourcing. In addition, the specific risks faced by family businesses, such as the lack of succession planning or family conflicts, are examined in depth. All of this from an ethical perspective that reinforces responsible decision-making and commitment to the family legacy.