Companies with a founder as chief executive were 25% more valuable than public companies with no significant family control, Villalonga found.
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Murdoch and his family control about 30 percent of News Corp.
Prada is one of the few big Italian firms that seems intent on keeping family control, even as it adds brands to its stable.
When LG switched from a traditional structure--a network of companies with a web of cross- shareholdings under family control--to an American-style holding company, LG Corp.
He points out that family businesses are characterized by efforts on the part of ownership to balance financial performance with maintenance of family control and benefits for future generations.
Unlike Europe's other great automotive dynasties the Peugeots and the Quandts of BMW Mr Elkann (who is a director of the Economist Group) appears more interested in unlocking value than in preserving family control.
This will be a big test for the Batista brothers and for Brazil's tropical brand of capitalism, which mixes family control with traded stock, and finance from state-run banks with foreign acquisitions.
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Adolf Merckle, the founder of a drugs, cement and engineering conglomerate, committed suicide on January 5th after burdening his empire with heavy debts and misguided financial gambles that ultimately cost his family control.
True, cheap, subsidized long-term bank funding has played an important role in the strength of the SME sector in some countries, allowing business owners to invest for the long-term and facilitate multigenerational family control of companies.
But Koch has developed a style of management and a method of transmitting it to his employees that may well mean he keeps the positive attributes of family control long after the family has lost control.
FORBES: The Kochs' Crazy Dividend Policy Is Normal For Family-Controlled Firms
Every Italian under 30 has grown to political maturity in a country where Mr Berlusconi and his family control half the television output, one of four national newspapers, one of two news magazines and the biggest publishing house.
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The ruling Thursday undoes a 2008 trial court decision ordering Warner Bros. to share an undetermined amount of money earned since 1999 with the heirs, and to give the family control of key components of the Superman story, including his costume.
In the mid 1930s, Henry Ford and his son, Edsel, set up the two-class structure as part of their estate planning: the charitable Ford Foundation received most of the shares, but they kept a small block of Class B shares that had voting rights, thus assuring family control.
FORBES: Ford Family's Stake Is Smaller, But They're Richer And Still Firmly In Control
In health, for example, the Tories gave family doctors control of their own budgets.
Once the offering is completed, Ellison and his family will control more than 65% of NetSuite's common stock.
Other Kim family members control the capital's defense system and the assorted front-line units stationed near the DMZ.
That keeps the family in control, but gives it what could be an important ally, if everything works out.
Despite Kerkorian upping his stake, don't expect him to acquire Ford, since family interests control 40.0% of the company's voting rights.
He spent 10 years in court fighting his family for control of Cosan, and has boosted its growth through acquiring other companies.
After Bernardin mysteriously committed suicide at the club, in 1994, his family took control of it, and then sold it in 2005.
Malcolm Glazer and other members of his family took control of Manchester United in 2005 but their purchase of the club was largely funded with borrowed money.
Its boss, Domenico De Sole, who was brought in after the Gucci family lost control, is thought to have done a good job in a tough market.
The sale of Directv to John Malone gives the family effective control at 38% of News Corp. and clears the way for James, now running the European satellite venture, BSkyB, to step in one day.
His son Tim, formerly the winemaker at Robert Mondavi Winery, had the curtain crash down on his own first act when the family lost control of the winery after it went public and was purchased by Constellation Brands, the creators of Wild Irish Rose, in 2004.
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The purpose of these pyramids was to draw outside capital into the family group while retaining control over the use of this capital within the family.
Ford's 11 outside directors aren't showing any signs of challenging the family's control, either.
Sir David and members of his close family continue to control, either directly or indirectly, 70% of the voting rights.
Though small stakes in the cement and paper businesses are publicly traded, his family retains firm control over the group.
The Koos own a 39% stake in LG, allowing family members to control the company, although professional managers now run it.
They have demanded assurances that the Journal, which has been under the family's control since 1902, would be free of corporate meddling.
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