"In family businesses, succession is often presented as the passing of the baton from one generation to the next. This image is incomplete. Succession is the greatest governance test a family business faces, as it exposes the quality of the governance structures built over time. At stake are the redistribution of power, the legitimacy of the new leadership and the preservation of the company’s identity."

Read the article here (available only in portuguese), published in Executive Digest and authored by Ana Salomé, Lecturer and Co-Director of CIGMA.