“...in countries with strong faith in both institutions and families, family-managed firms performed the best. The United States, with its abiding emphasis on family and arguably very effective business oversight, is a standout example.”
Shout out my next gen business owners!
Do families improve or hurt their family business' success? Researchers looked at studies of 3.8 million firms across 30 countries to find out.
hbr.org/2021/07/when-trustin…