In many countries, family owned firms have been successful because of their shared interests and because investors place a higher value on short-term performance than on the long-term health of the business.

Question

Quizplus · Accepted Answer

Family-owned firms often succeed due to long-term planning, shared values, and a focus on the long-term health of the business rather than prioritizing short-term performance, which contrasts with the practices of some publicly traded companies.

In Many Countries, Family Owned Firms Have Been Successful Because