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Corporate America's Search For The "Right" Direction: Outlook And Opportunities For Family Firms, A. Adams, Sheb True, Robert Winsor
Corporate America's Search For The "Right" Direction: Outlook And Opportunities For Family Firms, A. Adams, Sheb True, Robert Winsor
Robert D. Winsor
The recent accounting scandals and corporate misdeeds of several high-profile Fortune 500 companies have left the investing public reeling. This paper highlights the attributes and characteristics of family firms that confer operational and financial performance advantages on them vis-à-vis nonfamily, or publicly controlled, firms. As a result, family firms have a unique opportunity to model the way regarding corporate reform.