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Corporate Governance in the Context of Family Controlled Businesses

In an interview with Sougata Ray, Professor of Strategy, Indian Institute of Management Calcutta, and Visiting Advisor, Thomas Schmidheiny Centre for Family Enterprise, ISB, Adi Godrej, Chairman, the Godrej Group, shares his thoughts on corporate governance in family businesses. The 120 years old Godrej Group has emerged as an icon among family businesses in India, not only for its economic achievements …

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Leading the Journey Towards Happiness and Prosperity, in Families and their Businesses

Family businesses have always played a critical role in the economy and the society, in countries across the world. In India, historically they have played an important role and also led the transformation of the economy since 1991 when economic liberalization was launched systematically. Evolution of standalone family firms as a powerhouse, beyond the family business groups, has added further …

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