Family-owned companies worldwide may have weathered the Covid-19 pandemic better than non-family-owned firms, owing to their above-average defensive characteristics. These businesses have outperformed by about 3 per cent relative to non-family-owned companies for the first six months of the year, observed The Family 1000: Post the Pandemic report by Credit Suisse, which surveyed more than 260 companies.
The outperformance was stronger in Europe and Asia Pacific ex-Japan, at 6.2 per cent and 5.1 per cent respectively. Family-owned companies in Japan outperformed non-family-owned peers ...
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