Governance

Owen Byrne discusses why LPAs are crucial and how, in their own way, they are more important than a will.

The recent climax to the television series Succession highlighted the many difficulties that families face when doing business together. Family-related issues such as identity, values, and, indeed, succession, may not align with the economic goals of the company, which can lead to decision-making tensions.

Aik-Ping NG of HSBC Global Private Banking discusses The Government of the Hong Kong Special Administrative Region (HKSAR)'s new policy stance to help develop a vibrant family office ecosystem in Hong Kong.

Oskar Kowalewski, professor of finance at the IÉSEG School of Management, reveals that, while family firms are leading the way in pollution reduction, they need to communicate their environmental policies more effectively.