Series: IMF Working Papers
Author(s): Ralph Chami
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2001
Keywords: altruism, asymmetric information, family business, trust, nonmarket transactions, moral hazard, corporate governance, family businesses, moral hazard problem, business school
Family businesses make up forty percent of the Fortune 500 companies in the US, generate about two-thirds of the German GDP, employ about one-half of the labor force in Britain, and account for the majority of the...