Perpetuating control of the family business and the law (and some inevitable reconciliations) 6
6
-
-
- v. ; 23 cm.
-
-
-
-
- .
- .
- 0 .
- .
- 0 .
ABSTRACT : Previous research studies in other countries show a desire for families to retain control of their business. This desire is also true for Filipino families insofar as the family constitutions crafted with the intervention of the Ateneo Family Business Development Center are concerned. There are two specific measures favoured to ensuring this control : (1) pre-nuptial agreements and (20 right of first refusal. This paper discusses the legal implications of these measures, and also other possible measures that may be utilized even as the family business grows.
5
5
2
=
=
2
2 --0------
6 --0-- 2 --------
0 2 --
--20------
Family business;Right of first refusal ----Pre-nuptial agreement--Management--control--