Owner-managed companies are the backbone of a good portfolio

Matt Williams & Emma Goodsell | Airlie Funds Management | 22 August 2018 | 0.50 CE

Common criticisms of senior management is that CEOs of listed companies rarely last long and while they are in control they are too focused on short-term outcomes, especially when they have an incentive to boost the share prices of their companies in the near term. Such allegations can’t be made as easily against family-owned and family-managed businesses. Research shows that ...