Law
Tobias Hueck
Die Familienverfassung – Rechtliche Konturen eines Instruments der Governance in Familienunternehmen
[The Family Constitution. Legal Framework of an Instrument for Family Business Governance.]
Published in German.
Family constitutions regulate the fundamental topics in the interaction between entrepreneurial families and their enterprises. They have recently become more and more important in German business practice. Even though family constitutions have been regarded as legally non-binding up to now, the families use legal language and very often deal with matters usually laid down in the classical legal frame of family businesses. Tobias Hueck outlines the legal dimension of the family constitution.