Bertrand, Marianne; Johnson, Simon; Schoar, Antoinette; … - National Bureau of Economic Research (NBER) - 2008
Families run a large fraction of business groups around the world. In this paper, we analyze how the structure of the … families behind these business groups affects the groups' organization, governance and performance. To address this question …, we constructed a unique data set of family trees and business groups for nearly 100 of the largest business families in …