Developing a Family Constitution: Family Rules


As family businesses progress and are transferred to the next generation, the founding family often develops explicit rules in the form of a family constitution. This case explores one aspect of the family constitution, namely the interaction between family members and the business. After turning 80 years old, Ongky Lim decides it is time to develop family rules to deal with his expanding family and their diverse needs and talents. This case helps family owners appreciate the benefits of family rules and understand the types of rules required.

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