Family Businesses in Financial Crisis

A recent study, ‘The Resilient Family Firm: Stakeholder Outcomes and Institutional Effects, conducted by co-authors, Marc van Essen, Michael Carney, Stephen Sapp, and Dr. Vanessa M. Strike revealed that family businesses have historically outperformed the non-family businesses in financial crisis. Click out the following link to the complete article posted on UBC Sauder School of Business’ website that you will find very informative, especially if you are a family business owner: FULL STORY