Corporate Governance Should Combine the Best of Private Equity and Family Firms

Harvard Business

We believe so — it is a form of governance that is much older than the public and private equity models, one developed in sophisticated Western capital markets. Now in the fourth generation of the owning family, Mars offers the most sought-after career paths to professionals in the FMCG sector. In addition to the hybrid alternative, Western governance models are being challenged by a mutation of the classic private equity–leveraged buy-out model.