The Advantages of Family Businesses

http://www.futureofcapitalism.com/2009/06/the-advantages-of-family-businesses

In the book-publishing industry, family-owned or family-controlled businesses have experienced success, writes Mike Shatzkin, who provides some interesting detail about long-term perspective, including an anecdote about a dinner with one publishing executive who said Wall Street "undervalued family ownership." The executive's family had owned the publishing company since 1807. The push for more regulation of publicly held companies, including restrictions on executive compensation, may give family businesses an even greater advantage than they already had. Of course, family businesses fail too, sometimes.

by Editor  |  Jun 25, 2009 at 3:44 pm Related Topics:  Capital Markets Regulation, Corporate Governance receive the latest by email: subscribe to the free futureofcapitalism.com mailing list