Money & Business
Does handing a company on to the children work?
...history of succession of ownership and control, as well family characteristics of family CEOs. We used the WMS sample of firms and interviewed over 2700 firms in 2014, though a large share of these firms were still first-generation founder firms or had not been founded by a single family or founder. At the end, a total of 810 firms from 12 countries had undergone at least...