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Family-owned firms outperform over the long term: National Bank of Canada report

Published: 28 June 2022

Publicly traded Canadian family businesses provide superior long-term performance, according to a new report by the National Bank of Canada. To better understand what makes these firms distinctive, the Bank analyzed 44 Canadian corporations under family or founder control. One factor is that their leaders are dedicated to the company for the long term, according to Professor Karl Moore, one of the co-authors and coordinators of the report. Family business leaders often spend decades in their firms, which gives them a depth of perspective that many other executives lack.

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