A Place in the Family: Corporate Governance Practices in Family Firms


Adeline Ong is the new Independent Director of Lim Palm Co., a family business listed at the Singapore Exchange. During her second meeting the board approves an important strategic decision on an acquisition. Adeline realizes that input from independent directors does not seem welcome and that the board does not adequately fulfil its role. Rather, the company’s governance systems are shaped by family dynamics and hierarchies. Unable to contribute constructively in the existing situation, Adeline wonders whether she can add value to the Lim Group as an independent director, and if so, how.

This case was prepared for inclusion in SAGE Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.

2023 Sage Publications, Inc. All Rights Reserved

You are not authorized to view Teaching Notes. Please contact your librarian for access or sign in to your existing instructor profile.
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles