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March 24, 2012

Family businesses are “not as effective in terms of management and productivity”, and government policies that encourage them should be scrapped.

Family businesses are “not as effective in terms of management and productivity”, and government policies that encourage them should be scrapped.

That’s according to Professor John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, who told CampdenFB that having policies that help businesses to pass management on the next generation is “usually a big mistake”.

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