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Keeping family-owned firms family-run from one generation to the next can be bad for business

By Nick Bloom, Raffaella Sadun and John Van Reenen

Abstract

The government is seeking to encourage business growth to improve the UK’s financial situation, and they have also stated a desire to help small and medium sized firms. These smaller firms are often family owned and run. Nicholas Bloom, Raffaella Sadun and John Van Reenen find that this type of firm often compares poorly with others in terms of their management and performanc

Topics: HC Economic History and Conditions
Publisher: Blog post from London School of Economics & Political Science
Year: 2011
OAI identifier: oai:eprints.lse.ac.uk:41003
Provided by: LSE Research Online

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