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Governance is considered the most important factor for the survival of a family firm. Although governance is about discipline and accountability and is often uncomfortable, it is the only way to long-term survival. This book discusses in detail the benefits of governance of family firms in an exhaustive manner. It is written keeping in mind the Indian business scenario. Each family business is unique in its size, composition, nature of business and industry, stage of growth, number and nature of generations involved, degree of professionalism, etc. There cannot be a ˜one-size-fit-all` solution for all situations. Yet, this book covers ideas that are highly effective in most of the situations and can be easily applied with minor modifications. Chains That Liberate is useful for business owners, management consultants, senior executives, academicians, students, business analysts, bankers and financial institutions and anybody who is interested in the field of family business.isbn-9781403928696
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