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Consider the following statement and indicate if you agree or disagree using fact-based or research-based information to support your view. In recent years, company financial

Consider the following statement and indicate if you agree or disagree using fact-based or research-based information to support your view. In recent years, company financial performance has declined more in family-owned business than in privately owned companies. This decline in company market-value is more notorious when the business is handed down to a family member,most due to the pressures to keep the business within the family rather than looking for most qualified outsider.

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