Underneath all the very convoluted ownership structure is a multilayered private investment business

The research also highlighted how family businesses become more institutionalised – and professional – as they move from one generation to the next

John Davis, chairman of the Cambridge Family Enterprise Group, on why dual-class stock structures are beneficial for the economy – and why many institutional investors are the biggest threat to the economy

Without robust governance structures, the appointment of external board members might bring very little benefit

An understanding of cultural and legal differences affecting a family business isn’t been appreciated enough by most family business advisers

The debate about creating more acceptable models of business will inevitably trundle on for many years yet.

When a family member who does not work in the business understands that there are meaningful ways that they can engage with the enterprise they are likely to feel valued

A governance code of conduct has been proposed for Italian family businesses – it’s about time

Effectively, today there is a secondary market for non-family CEOs who’ve worked for family businesses…that wasn’t the case 10 years ago

Family identity can be just as important internally as it is externally