"The Impact of Labor on the Performance of Founder-Family Firms".

The article titled "The Impact of Labor on the Performance of Founder-Family Firms" explores the prevalence of founder-family firms in the United States and challenges the notion that such organizational structures reduce firm value. The study, conducted by Murali Jagannathan, Brett W. Myers, and Xu Niu, finds no evidence that founder-family successions decrease firm value. This research provides valuable insights into the performance of founder-family firms and contributes to the ongoing discussion surrounding shareholder activism and organizational structures. [Extracted from the article]