| Family is: owner and manager | The founding (family) member is the leader | The international activity provides incentives for decision-makers to optimize returns | Small board size (5-7) |
| CEO is also Board’s Chairman (by majority) | Company’s directors are also board-members (by majority) (*) | A starting trend to adopt more structured governance systems | A hesitation is noted to evaluate CEO & his/her performance |
| No external board members (by majority) (**) | Frequent board meetings | Boards contribute most to strategic process |
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