Assignment Question
In June 2007, French newspaper Le Figaro reported that between 1990 and 2006, family-owned corporations in France had outperformed the CAC40 benchmark French stock market index, with returns of 639% over the time period compared to returns of 292% for the CAC40 for the same time. Other studies in countries such as Germany, Italy and even the UK and US where prevalence of family-owned firms is much lower, have also made similar claims. What benefits and drawbacks can you identify in firms that are family-owned compared to those where ownership and management are separated (Burnham, 1941; Coase 1937; Chandler, 1977? What implications does this have for the share price maximisation view of the firm that is dominant in the US and UK?

What We Offer:
• On-time delivery guarantee
• PhD-level professionals
• Automatic plagiarism check
• 100% money-back guarantee
• 100% Privacy and Confidentiality