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indian firms dominate family-owned business in asia: credit suisse report

indian firms dominate family-owned business in asia: credit suisse report Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



indian firms dominate family-owned business in asia: credit suisse report

india was ranked third globally and accounted for nearly half of 30 best-performing family-owned businesses companies in non-japan asia, according to the ‘credit suisse family 1,000 in 2018’ report.the study also revealed that the family-owned businesses outperformed broader equity markets across every region and sector on a long-term basis. the asia region (excluding japan) accounted for 53 per cent of family-owned companies, followed by europe at 23 per cent. interestingly, the us, world’s biggest market in terms of value, accounted for just 12 per cent of family-owned companies.“family-owned businesses deliver stronger revenue growth in all regions and higher levels of profitability, which in turn supports the relative strong shar...