Just as in other types of companies, the Board of Directors in an employee owned company has both legal and fiduciary obligation to their shareholders (in an ESOP, the employee owners). Clearly, the duty of care (avoid harm to the corporation), duty of loyalty (do not put personal interests ahead ...
At KeyStone, we work exclusively with mid-market, privately-held businesses. And we are fortunate to count many family owned businesses as our clients. Hiring outside executives into family owned businesses can be a challenge - but it’s certainly doable, and companies reap the benefits of adding ...
The Volkswagen environmental cheating scandal that broke in September of 2015 threw Corporate Culture into the spotlight - and not in a positive way. Some wrote that Volkswagen's "culture of arrogance" was to blame, while others simply blame a lack of morals at the top of the company. Similar to ...
