A family-owned business is likely to have a higher degree of control over management decisions than a corporation.

Name: A family-owned business is likely to have a higher degree of control over management decisions than a corporation.
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Family-owned businesses typically have a concentrated ownership structure, allowing family members to maintain significant control over management decisions, unlike corporations which often have dispersed ownership among many shareholders, diluting individual control.

A Family-Owned Business Is Likely to Have a Higher Degree