---
title: "Family Matters: Governance Pr… | Insights — Lyoen & Partners"
url: https://lyoenandpartners.com/insights/family-matters-governance-practices-in-gcc-family-firms
description: "Research carried out between August and October 2012 with data analysis in November 2012, based on 106 face-to-face semi-structured interviews with leader…"
lang: en-US
---

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Sunday, January 1, 2012strategy

# Family Matters: Governance Practices in GCC Family Firms

Research carried out between August and October 2012 with data analysis in November 2012, based on 106 face-to-face semi-structured interviews with leaders of GCC family firms averaging 45 minutes each; the report itself carries the year 2012 with no month. Boards averaged 4.3 family members against 1.9 non-family members, 56 per cent of directors served with no specified term at all, the mean number of board meetings was 4.4 a year, and in 49 per cent of cases the chair set the agenda. Only 40 per cent answered the board evaluation question and of those only 11 per cent had a system in place, which the report itself says means the real figure "may be as low as 4%"; exactly one firm in the sample had a dedicated board secretary.

Sources

The Pearl Initiative and PwC (https://www.pwc.com/m1/en/publications/documents/pipwc-report.pdf)

Region: Gulf (GCC): https://lyoenandpartners.com/insights/region/gcc

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