Video Stories - Family Business Governance in Egypt and Colombia
Apr 14, 2014 4:30:00 PM EDT
This is the story of two family businesses - in Colombia and Egypt - that show the people and policies behind their longevity and success. Family businesses are the oldest and still most prevalent form of business in the world. In many countries, family businesses represent up to 70% of the economy and play a big role in employment, growth, and quality of life. But most family businesses ultimately fail: about 95% do not survive the third generation of ownership.