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Family firms facing major challenges

MANAMA, November 2, 2015

GCC family businesses lack succession planning, sound corporate governance and transparency making them vulnerable to global headwinds, a leading expert has said.

However, KPMG in Bahrain partner Harish Gopinath feels regional family businesses are much younger and more diversified compared with their Western counterparts and also open to technology adoption, making them more likely to achieve sustainable growth, reported the Gulf Daily News, our sister publication.

To read further, please visit GDNonline.



 




Tags: KPMG | Family firms |

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