The resilience of family controlled business groups: Survival of the unfit

• Main Authors: KUMAR, Nirmalya, PURANAM, Phanish
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2020
• Subjects: Family firms; resilience; COVID-19; pandemics; small business; Entrepreneurial and Small Business Operations; Public Health; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6637; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7636/viewcontent/Resilence_Edge_av_20207.pdf
• Institution: Singapore Management University

The COVID crisis has demonstrated that family controlled business groups, usually criticized as being inefficient and diverse, have higher survival rates for precisely these reasons.