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PRODID:-//Session events Calendar//IBA//EN
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BEGIN:VEVENT
DTSTAMP:20260416T013302Z
DTSTART:20260518T073000Z
DTEND:20260518T083000Z
SUMMARY:Keynote debate: Beyond the balance sheet: governance\, ownership 
 and M&A dynamics in closely held businesses
DESCRIPTION:Building on the themes of the keynote speech\, this debate wi
 ll address the structural characteristics and decision-making dynamics o
 f owner-managed and family-influenced businesses from four complementary
  perspectives: the (entrepreneurial) owner\, the CFO as internal financi
 al steward and the advising investment banker with an external view prov
 iding academic context. The discussion highlights how succession\, valua
 tion expectations\, control considerations and informal decision structu
 res shape outcomes in owner-managed companies and why transactions in cl
 osely held businesses follow different dynamics than in widely held corp
 orations.\n
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