Ferrero

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Family Corporate Governance The influence of family depends on: • the number of family members involved in the business • the number of family members in prominent positions Family influence on owner executives: • less - no other family officer or major family owner present in the company • more - when there are more family members with weaker ties to the firm • the most - on the second generation family CEOs Family Corporate Governance 6
FERRERO and its Corporate Governance “The <strong>Ferrero</strong> family is a great example of an Italian entrepreneurial family that in a few decades’ time was able to conquer a world leading position in its field…” (One of the motivations quoted to explain why the <strong>Ferrero</strong> Group was assigned the 2010 Falck – Family Owned Business Award) Family Corporate Governance 7
Page 1 and 2: FAMILY CORPORATE GOVERNANCE and the
Page 3 and 4: Family Firms • A firm where a giv
Page 5: Family Corporate Governance Family
Page 9 and 10: • 2010: Turnover of 6.6 billion
Page 11 and 12: Second CSR - 2009/2010 Introduces t
Page 13 and 14: Corporate Governance in Ferrero •
Page 15 and 16: Conclusion This case study shows th
Page 17: Thank you for your attention! Famil

Ferrero

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