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Family Corporate Governance In The United Arab Emirates: Challenges And Prospects: Applied Legal Study, Mr. Omar Muhammad Sultan Al-Owais, Imad Al-Din Abdel-Hai

UAEU Law Journal

This study revolves around the most prominent challenges facing the governance of family companies in the UAE, represented by the inheritance of employment, the lack of strategic planning, and the slow pace with keeping up with new digital technologies. Added to these challenges the economic instability, the changes in the structure of these companies and thus their ability to overcome these challenges throughout their life across successive generations. This succession may conduct to the termination of these companies due the different commercial and organizational visions of each generation, as each of them considers that his vision is the most suitable …