Corporate Governance Should Combine the Best of Private Equity and Family Firms
Harvard Business Review
DECEMBER 22, 2016
The great strength of the classic private equity model is the clear-sighted medium-term focus on strategy. Some family firms have become global champions, including Mars. Mars invested in China not only with a long-term purpose and commitment, but also with a clear medium-term strategy that was not swayed by short-term setbacks.
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