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governance

August 24, 2010

Hyatt Hotels Corporation, controlled by the Pritzker family, has hit the headlines again for its corporate governance practices after it was revealed that Penny Pritzker was no longer considered an independent director of the group.

Hyatt Hotels Corporation, controlled by the Pritzker family, has hit the headlines again for its corporate governance practices after it was revealed that Penny Pritzker was no longer considered an independent director of the group.
 
A report in the Wall Street Journal revealed the move and it comes after the Chicago-based hotel group has come under pressure to tighten its corporate governance.
 

June 2, 2010

Slated to become the fourth largest economy by 2050 with projected growth of 5% or more over the next 40 years, India has much to teach the rest of the world, particularly its family firms, writes Jennifer East.

Slated to become the fourth largest economy by 2050 with projected growth of 5% or more over the next 40 years, India has much to teach the rest of the world, writes Jennifer East. Family firms in particular can learn from the way many leading Indian families blend tradition and innovation to groom the next generation.
 

May 26, 2010

After much speculation and build up surrounding the 2010 general election, the UK has formed its first coalition government since the Second World War, write Peter Leach and Alexandra Sharpe

After much speculation and build up surrounding the 2010 general election, the UK has formed its first coalition government since the Second World War, write Peter Leach and Alexandra Sharpe.

May 14, 2010

The Ford family, who control the US-based automaker of the same name, retained their multiple voting shares through which they control the business at the company’s annual shareholder meeting yesterday

The Ford family, who control the US-based automaker of the same name, retained their multiple voting shares through which they control the business at the company's annual shareholder meeting yesterday.
 
The proposal to reconsider the two-tier share system was put forward by activist investor Ray Chevedden and was rejected by a 70.8% majority. This is the sixth year in which the resolution has been voted on and this year saw it gain the most support so far with 29.2%.
 

May 5, 2010

Katie Barker interviews three families to find out what happens in practice at a family retreat

Katie Barker interviews three families to find out what happens in practice at a family retreat. 

May 5, 2010

Tom Davidow outlines why a family retreat is an effective way for families to communicate

Tom Davidow outlines why a family retreat is an effective way for families to communicate.

May 5, 2010

Arnaud Lagardère is anxious to shake off his playboy image, writes Darrell Delamaide. The 49-year-old second-generation head of Lagardère SCA, which has extensive media interests as well as an important investment in defence and aerospace, was reportedly one of the bidders in the running to acquire Playboy magazine when it was being jobbed around last year.

Arnaud Lagardère (pictured) is anxious to shake off his playboy image, writes Darrell Delamaide. The 49-year-old second-generation head of Lagardère SCA, which has extensive media interests as well as an important investment in defence and aerospace, was reportedly one of the bidders in the running to acquire Playboy magazine when it was being jobbed around last year.

April 30, 2010

As we enter the post-recession world, family businesses are attempting to understand the “new normal” and how to stay competitive in the changing world.

As we enter the post-recession world, family businesses are attempting to understand the "new normal" and how to stay competitive in the changing world. 

April 29, 2010

Guy Wyser-Pratte, the activist investor attempting to secure key changes to the governance structure of family-controlled Lagardère, failed to win the necessary support to pass his proposals at the company’s general meeting on Tuesday.

Guy Wyser-Pratte, the activist investor attempting to secure key changes to the governance structure of family-controlled Lagardère, failed to win the necessary support to pass his proposals at the company's general meeting on Tuesday.
 
Wyser-Pratte's attempt to gain a seat on the supervisory board was rejected in the shareholder vote by 78%, while his proposals to change the share structure of the France-based media company were also rejected by 76%.
 

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