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Oriana Bandiera, RaffaellaSadun& Andrea Prat in their article presented a fact that organizations wherein managers have some family connections with the owners of their organizations perform weaker as compared to the organizations owned by nonfamily owners i.e. professionals. This article provides various evidences associated with the fact and their features, and causes. The author has also tried to correlate and differentiate family managers and professional managers in the terms of the time they spend working for their respective organizations. A case study of Indian manufacturing sector is also presented in the article since most of the Indian manufacturing firms have family ownership. The author has noted a substantial variation in the time devoted by managers to their works i.e. professional managers devote 8 percent more hours than family managers.
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