bet365 live casino games The official website of Yale University in the United States recently reported,A new study of the school inspected the influence of managers from family companies in the United States and India on the influence of managers outside the family on business expansion。This research results "Lack of Filtering and Entrusted: Enterprise Dynamics of developing countries" recently published in "American Economic Review"。
According to one of the researchers、Introduction to Michael Peters, Assistant Professor of Economics at Yale University,In a developed country,Many small -scale family companies adopt a management model for people outside the family to be responsible for key business,Therefore, it has developed into an industry giant with tens of thousands of employees。Compared with it,Family enterprises in developing countries rarely hire Bet365 app download managers outside the family。
Researchers have established a quantitative model to compare these two modes。Research results show,An important reason why Indian companies are difficult to expand scale is that the managers outside the family are insufficient。If Indian companies effectively hire managers outside the family like American companies,India's per capita income will increase by about 11%。But,Even if Indian companies generally hire managers outside the family and reach the same level as the United States,The average scale of Indian companies will bet365 best casino games only expand 3%。Because the manager who hired the family is not the only factor that determines the expansion of the enterprise,Whether the company can expand will also be affected by other factors such as acquiring capital or credit opportunities。
(Wang Youran/Compilation)
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