Poor Performance of Family-Run Businesses
Five years of research by the Centre for Economics Performance at the London School of Economics, and the consultancy McKinsey, into the gap
between Britain's productivity performance and that in the US, France and Germany has resulted in the stark conclusion that family-run firms
are largely to blame.
The research team spent years studying performance indicators for 730 medium-sized manufacturing companies in the UK, the
US, Germany and France. Their aim was to try and discover the reasons for Britain's poor productivity performance. The surprising results
of the study found that firms which have handed control over to the next generation account for a third of Britain's productivity gap with the US.
The full text is available to our paying subscribers.
Subscription costs only £195 for 12 months.
To subscribe, please click here.
Alternatively, you can telephone us on 020 8875 0200.
| 
