Corporate Governance and Earnings Management in Family-Owned Companies

Objectives of the Study

1. To examine the relationship between the characteristics of family business

managers and perceived business success and business profitability
2. To examine the relationship between a variety of business characteristics
and family business managers perceived business success and business
profitability
3. To study causes of conflict in family-controlled businesses

Challenges

1. Accusations of Nepotism
2. Separating Business from Personal Feelings
3. Generational Issues
4. Pressure to Stay
5. Pressure to Succeed

Suggested Solutions:

1. Utilize inherent mutual trust.

2. Allow compromise.
3. Eliminate nepotism.
4. Set communication boundaries.
5. Get outside perspective.

Respondent

Frankger Holdings Inc.

Unit 315 Ultima Bldg 1 Legarda cor San Rafael St Quiapo Metro Manila