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Company LawINTRODUCTIONA study (Dieleman, Wiwattanakantang, & Jungwook, 2011)on SGX-listed companies in 2010 states that family-owned company constituted 52 percent of the 743 SGX-listed companies. Another study conducted by Credit Suisse shows an even larger majority that 63% of SGX-listed companies are family-owned. (Credit Suisse, 2011) These studies further reinstated the importance of family-owned companies to.