Family businesses should improve their governance: Malta Chamber study
Silvan Mifsud, who heads the Chamber's Family Business Committee, presenting the findings on Thursday. Photo: Malta Chamber
A third of family businesses in Malta do not have a functioning board of directors, and most of those that do say that only family members sit on the board, a new Malta Chamber study reveals.This could represent a red flag for the future of these businesses, the survey suggests, also finding that those family...