According to recent research, family-owned firms in some highly-developed economies typically outperform publicly-owned firms.

Question

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Recent research has shown that family-owned firms in highly-developed economies tend to outperform publicly-owned firms in terms of profitability, revenue growth, and share price returns. This may be attributed to a long-term orientation, strong stakeholder relationships, and effective utilization of resources.

According to Recent Research, Family-Owned Firms in Some Highly-Developed Economies