Safe ways to the governance of family companies within the "family business consultation program"

​    In cooperation with the houses of local and international experience in Asharqia Chamber
 
           Asharqia Chamber in cooperation with the houses of local and international specialized experience in the family business governance, reviews a number of safe ways of the smooth transition of family businesses and leading them to the rational governance practices,  amid some attendance of a group of the Chamber among owners of family businesses.
    The Chamber welcomes in collaboration with one of the  biggest  international consulting firms (kpmg) within the program « family business consultations », which provides free consultation sessions throughout the year, the employees of the Chamber of family business owners, about the governance, management of crises, solving problems, strategic planning and other topics of interest.
    The program, since its launch receives more interest by the owners of family businesses, who are keen for the knowledge of all topics relating to the procedures and safe mechanisms towards achieving rational governance, without their company losing  its market value, and to protect itself from disintegration due to generational succession and protect its extended business for long years against conflicts.
    The program aims to educate beneficiaries of the best ways to achieve success and sustainability with family businesses as well as to avoiding  mistakes that may lead to the family business failure or threatens its future, the Chamber arranging consultation meetings that gather specialists in the fields of governance and the owners of the family companies.
    Worth mentioning that he family entities become public stock companies is an important step is reflected on the performance of the same entities, and the national economy as a whole, because these entities are the bigger framework for the commercial activity in the Kingdom, and its transformation into stock companies means  the compulsory application of the principles of governance,that its most prominent results is raising the level of performance in these companies.