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Having a family at the top of a corporation does usually lead to the firm operating with long term vision more consistently. Yes, if a Chaebol style leadershi
by dba7dba 6y ago
Having a family at the top of a corporation does usually lead to the firm operating with long term vision more consistently.
Yes, if a Chaebol style leadership was in Boeing, MD corporate leadership wouldn't have gotten the chance to ruin Boing. We all know that the take over of Boing by MD leadership is why we have 737 Max.
I am sure there are many many hedge funds that would love to asset strip Samsung or any other chaebol of S. Korea.
- someguydave 6y agoThis “family effect” is probably one reason for the success of German “Mittelstand” export businesses.