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Sun 29 Apr 2007 12:00 AM

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Families produce more business growth

Research carried out by Credit Suisse has found family-owned businesses produce more long-term growth and greater shareholder value than firms with a more fragmented structure.

Research carried out by Credit Suisse has found family-owned businesses produce more long-term growth and greater shareholder value than firms with a more fragmented structure. Lars Kalbreier, head of global equity and alternatives at the bank, said Gulf-based businesses, many of which tend to be family-owned, should try to avoid fragmentation as family involvement provides "stability, profitability and consistency of business strategies".

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