MoneyWeek Magazine:
Relative returns: why you should seek out family-run firms
22 November 2018
Professor John Van Reenen of the Massachusetts Institute of Technology thinks nepotism is a key risk. A 2011 study authored by Reenen, with Nicholas Bloom and Raffaella Sadun, found that those family firms overseen by professional managers tended to be well run, since the outside family members kept the managers on their toes.