If family is involved in ownership and management, family firms are naturally the most successful form of business organisations". Do you agree? Why or why not?
(Please answer the question and explain what are the benefit and drawback of family firm when family is involved in ownership and management. Maybe in terms of governance, business value, employment, decision making, succession, vision, stewadardship, conflicts and challenges? And maybe compare family and non-family business? Please write what you think is most appropriate)
(Please substantiate the points with more citations/references and examples. Thank you so much!!!!)
(Textbook used in this class is Poza, E.J. and Daugherty, M.S. (2014) Family Business (4th Edn) Mason, Ohio: Thomson/South-Western.)
The essay should be about 2000 words, which is equal to 7 pages and submitted in a word ducument. It should be double spaced. The font size should be 12.
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