1 Day
Source:
المصدر
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Egypt Family Firm Charter
Egypt’s General Authority for Investment and Free Zones is considering drafting a guiding charter on corporate governance for family businesses, covering relations among partners, the transfer of ownership and management, and dispute resolution. It is also exploring the establishment of a specialized dispute-resolution mechanism, as well as improvements to legislation and training. The recommendations were made at a seminar on how to ensure the sustainability of these businesses. Participants stressed the importance of separating ownership from management, selecting leaders based on competence, and planning early for the transfer of responsibilities between generations.
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