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The purpose of corporate governance is to help create the climate of trust, transparency and accountability that is essential to promote long-term investment, financial stability and business integrity.
Governance failures in family businesses are the main cause of their decline. Indeed, most family businesses have a very short lifespan once the founder(s) are gone and about 95% of family businesses do not survive the third generation of owners often due to a lack of preparation of the following generations to manage the demands of a growing business and a much larger family.
GSAudit&Advisory assists family businesses in the modernization of their governance through the implementation of mechanisms (structures, practices) adapted to the culture of the company and its environment reinforced by an accompaniment to the leaders and key managers.
The new structuring of family governance will mainly allow to:
MD Business Consulting
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