Although family firms are widely praised as the `backbone of the economy?, their productivity is often hampered by weak management. Research by Daniela Scur and Renata Lemos provides new evidence on the performance of `dynastic? family-owned firms and explores why those led by family bosses adopt fewer structured management practices.

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1 March 2018     Paper Number CEPCP527

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This CentrePiece article is published under the centre's Growth programme.