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Benjamin Means: The Principles of Family Business Law and Governance
Description
(0:00) Intro, *Reference to prior episode with Ben Means (E105)
(1:36) About the podcast sponsor: The American College of Governance Counsel.
(2:23) Start of interview.
(3:39) The Premise of his new book Family Business Law
(6:48) Understanding Shareholder Oppression
(10:17) The Three-Circle Model Explained
(13:34) The Personal Impact of Family Business
(16:24) Boards in Family Businesses
(18:09) The Importance of Voice
(20:47) Overlapping Family and Business Law *Reference to my episodes on HBO's Succession
(24:36) The Succession Challenge (transference to next generation or sale of company)
(28:18) Fiduciary Duties and Governance. *Reference to the Market Basket litigation
(34:03) Family Protocols: A Solution?
(35:13) Societal Impact of Family Businesses *Reference to E204 with Eric Ries
(38:24) Innovations in Governance and Family Businesses. Pros and Cons of LLCs
(42:56) Features of a New Family Structure
(46:05) The Rise of Family Offices
Benjamin Means is a Professor of Law, the John T. Campbell Chair in Business and Professional Ethics, and Director of the Family & Small Business Program at the University of South Carolina Joseph F. Rice School of Law.
You can follow Evan on social media at:
X: @evanepstein
LinkedIn: https://www.linkedin.com/in/epsteinevan/
Substack: https://evanepstein.substack.com/
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Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License