Commentary: CDL's father-son feud exposes governance pain points in family businesses
Cătălin Roșioru
While family businesses often outperform non-family businesses in the longer term, generational succession doesn’t always translate to better leadership, says NUS corporate governance expert Mak Yuen Teen. SINGAPORE: The City Developments Limited (CDL) boardroom battle has all the makings of a Taiwanese drama - a billionaire patriarch, a son fighting for control and a Taiwanese music star accused of being the source of discord between father and son . The high-profile feud at Singapore-listed
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