Family-run firms tend to be more effective than non-family-run firms.

Name: Family-run firms tend to be more effective than non-family-run firms.
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Question

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Research shows mixed results regarding the effectiveness of family-run firms compared to non-family-run firms. While some family-run firms benefit from strong commitment and long-term perspectives, others may suffer from nepotism and lack of professional management, making it difficult to generalize their effectiveness.

Family-Run Firms Tend to Be More Effective Than Non-Family-Run Firms