Governança corporativa aplicada em empresas familiares maranhenses

Abstract

Research carried out on the methodologies developed by corporate governance and their effects when applied to the management of family businesses. The process of organizational changes and restructuring and its succession dynamism stands out, highlighting the impacts on financial management and the competitive power of the business. Exploratory and descriptive research is applied, with qualitative questions, using bibliographic and documentary analysis, regarding corporate governance, its methodologies and applications in family companies from Maranhão. The characteristics, advantages and disadvantages, the improvements and progress achieved in each stage are conceptualized. It is pointed out that the implementation of corporate governance in family-type companies demands a high level of commitment and commitment from all family members and abdicates the centralization of power, adopting a long-term view, investing in the professionalization of members and potential successors, especially when it comes to knowledge and involvement with the business, in addition to the constitution of boards, essential elements for better organizational development and conflict management, increasing the company’s longevity and competitiveness.