To survive and thrive, private companies need to address fundamental issues of governance, ownership, and control.
True or false? As with public companies, privately held company owners always agree on important matters such as dividend rates, reinvestment policies, executive compensation, bonuses, capital structures, strategy, succession planning, operating policies, and all of the other important matters they regularly face. Needless to say, nothing could be further from the truth! Privately held company owners are faced with many of the same governance, ownership, and control challenges of the publicly held company.
Read more: Strengthening Shareholder Relations in the Privately Held Company
