Strategic Framework for Sustainable Governance for Family-Owned Managed Higher Education Institutions

Family-owned and managed businesses play a critical role in the global and local economy, yet they face unique ethical and governance challenges due to the interplay of family dynamics and business operations. This study investigates these challenges specifically within the context of family-owned higher educational institutions (HEIs) in the Philippines. By examining the current state of governance, decision-making, and succession planning, the research highlights how issues like nepotism, emotional investments, and conflicting family-business interests can impact organizational sustainability. Anchored on Agency, Stewardship, Ethical Decision-Making, and Sustainability theories, the study seeks to bridge the gap between traditional management frameworks and the specific needs of family-led academic enterprises. The ultimate aim is to propose an ethics-based governance and decision-making framework that aligns family values with institutional goals to ensure long-term viability, harmonious governance, and operational excellence across generations