Faculty News

Prof. David Yermack on disagreements within family-run corporations

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Excerpt from The New York Post -- "David Yermack, a New York University business professor who specializes in corporate governance, said family feuds in boardrooms don’t readily resolve themselves. 'You need stability in the founding family or the company is likely to face all kinds of disruption,' he said. 'It often hurts productivity in that management gets caught in the middle after implicitly being asked to choose sides.'"

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