Succession issues tend to be easier for small family owned firms than for large publicly traded firms.

Name: Succession issues tend to be easier for small family owned firms than for large publicly traded firms.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Succession planning in small family-owned firms often involves complex emotional, familial, and financial issues, making it sometimes more challenging than in larger publicly traded firms where succession can be managed through more formal, structured processes.

Succession Issues Tend to Be Easier for Small Family Owned