Putting Deals through a Microscope | Traversing Transactions attempts at dissecting a deal by analyzing various aspects and nuances of an M&A Transaction, traversing through a complex mesh of Commercial, Regulatory, and Tax ("CRT") imperatives!
Putting Deals through a Microscope | Traversing Transactions attempts at dissecting a deal by analyzing various aspects and nuances of an M&A Transaction, traversing through a complex mesh of Commercial, Regulatory, and Tax ("CRT") imperatives!
Putting Deals through a Microscope | Traversing Transactions attempts at dissecting a deal by analyzing various aspects and nuances of an M&A Transaction, traversing through a complex mesh of Commercial, Regulatory, and Tax ("CRT") imperatives!
Equal division among children is the instinctive answer to succession in most promoter families. It signals neutrality and avoids any suggestion of favouritism.
Yet equal ownership does not automatically translate into stable governance. Where equal holdings come with equal control and no defined decision process, routine decisions require negotiation, and over time negotiation hardens into contest. Where one member has built the business and another has not, the family must also decide whether contribution is recognised through ownership or through compensation.
Part 3 of the series drawn from my book, From Founder to Framework: why equal is not always fair.