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The Family Business Research Center
The Wharton Global Family Alliance, part of the Wharton School at the University of Pennsylvania, is an academic research facility devoted to studying the governance, philanthropy and wealth management of family businesses.
For a sample of its research, check out "How Do Family Ownership, Control, and Management Affect Firm Value?" The paper's conclusions, among many others, include "When descendants serve as CEOs, firm value is destroyed."
February 14, 2008 Copyright 2008© LRP Publications |
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