People that don't need to look smart normally behave smarter!
Family-owned businesses have continued to outperform
To me this is not surprising people that don't need to look smart normally behave smarter. If you own the company you are not afraid to be fired and you don't need to pretend anything
you don't need to boycott Facebook
you probably try to hire the best people for your company instead of hiring black or whatever you don't have an agenda
you don't need to fund stupid initiatives just afraid to be criticized
If you own the company you can do like the royal family
never complain , never explain, just do what you think is best to your company
Family-owned corporations have earned a bad rap in the investment community amid a popular view that those who run them tend to be more interested in maintaining control over the business than in enhancing efficiency and growth, and as such have been seen as less receptive to calls for transparency and accountability.
However, Credit Suisse Research Institute (CSRI), the Swiss banking group's in-house think tank, says in its latest report that family-owned businesses have continued to outperform their non-family-owned peers in every region and sector while showing greater resilience amid the Covid-19 pandemic.
That's because family-owned businesses pursue a longer-time horizon in their investment strategy, delivering more stable and superior through-cycle profitability, and ultimately driving significant excess returns for all shareholders, according to the report, titled ”Credit Suisse Family 1000: Post the Pandemic”.
https://www.theasset.com/covid-19/41512/family-owned-companies-outperform-amid-covid-19
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