the ceo magazine, succession planning,

Why damaging nepotism persists?

Chengwei Liu & Dawn Eubanks, Associate Professors, Warwick Business School Nepotism is detrimental to family businesses – more than 70 per cent of them fail after the first generation primarily due to poor succession decisions. Despite this well-known statistic nepotism persists, why? One possible reason is that the family business founder may wrongly believe that […]

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