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The benefits of applying the rule of law in family governance
The International Family Offices Journal
Vol. 6 - Iss. 4 pp. 46–50
Jun 2022
Barbara Hauser provides an enlightening article entitled "The benefits of applying the rule of law in family governance". The piece is an abstract from her recent PhD thesis at the University of Zurich Law School. If a country benefits from the rule of law, a family must benefit too! Barbara elaborates on the meaning of the rule of law and concludes that the application of the rule of law will imply that all family members will accept to be bound by certain procedural rules and will be guided by three overriding principles: transparency, accountability and participation. She also provides examples of the successful application of the rule of law in family governance.