If/Then cover image

All Else Equal: “Disentangling Causation and Correlation” with Guido Imbens

If/Then

CHAPTER

Gender and Succession: A Business Dilemma

This chapter examines the impact of family succession on business performance through a unique research design focusing on the gender of the firstborn child. It reveals that firms led by families with daughters as the firstborn tend to perform better, challenging the notion that nepotism always leads to negative outcomes.

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