A perennial debate rages in India, about the merits of the traditional family-run business versus the knowledge of the fancy-pants consultant or MBA. A remarkable paper by a group of economists sheds new light on this question. I wrote a column in Financial Express today titled Are Indian family businesses well run? where I describe these results and interpret them. Also see this column by Nirvikar Singh in Mint on the same subject.
Tuesday, 19 January 2010
How efficient is the traditional Indian family-run business?
Posted on 20:07 by Unknown
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