Introduction - N Balasubramanian Governance Perspectives in Family Business Transitions PART ONE: THE INDIAN BUSINESS FAMILY The Early Days Family Business Comes of Age The Post-Liberalization Era Anatomy of Business Families Culture, Structure and Succession Cultural Roots Joint Family System and Family Business Organization Theories and Family Business The Culture of Transcience PART TWO: CASE STUDIES The Diwakars A Story of a Progenitor and His Sons The Murthys A Story of a Progenitor and His Brothers The Tripathis A Story of a Progenitor's Family Intervention for Change PART THREE: THE EVOLUTION OF FAMILY BUSINESS A Conceptual Framework The Progenitor and His Family Factors Aiding Transition Fragmentation The Phenomenon of Transition Entry of Children Changes and Conflicts Role-Taking Processes during Transition The Consultant's Role and Intervention Strategies A Culture-Specific Model of Stages in Family Business Three-Family Businesses in the Globalization Era A Suggested Approach to Running a Family Business.