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Why Family Empires Dominate Indian Business

Sep 14, 2024

ISB in the Media

Research co-authored by Kavil Ramachandran, Professor of Entrepreneurship (Practice) and Senior Advisor, Thomas Schmidheiny Centre for Family Enterprise at ISB, was referenced in an article titled 'Why Family Empires Dominate Business in India', published by The Economist.

According to the study, “nine-tenths of India’s listed firms are family-controlled, far higher than in the West.” The article highlights the significant role of family-run businesses in shaping Indian commerce, contrasting it with corporate governance trends in other major economies.

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Why Family Empires Dominate Indian Business