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micromanaging

Economic Shifts Threaten Family Businesses

Stelios Pigadiotis of Cornerstone Dubai

The majority of the world’s wealth is created by family owned businesses. Estimates suggest that these businesses — majority owned by a single family — may contribute over 70% of the world’s GDP.  They deliver a superior return on assets in the U.S. (+6.5%), even more in Europe (+8%). But the current economic stress created […]

Filed Under: Blog Tagged With: family business, micromanaging, risk aversion, TUNA

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