Why Family Businesses Come Roaring out of Recessions
Harvard Business Review
APRIL 7, 2014
We found that family businesses handily outperformed non-family companies during both the 2001 and 2008 recessions in terms of a key metric, Tobin’s q. We also found three differences in marketing strategies, which may account for the performances of the two types of companies. and their social concerns shot up from 4.2
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