Surviving in India's family-owned company

By the second generation, no matter whether the family of the founder holds enough shares or not, it is relatively rare to see scions actually running operations

The Good Indian Employees Guide to Surviving a Lala Company

Author: Rajiv Gupta

Publisher: Harper Business

Pages: 217

Price: Rs 399

The “family business” is not peculiar to India — or for that matter even Asia. They exist across the world. Most companies start off because of the ideas and the drive of a single entrepreneur. In technology companies, it is typically a couple or more partners who set up and build the business but in general the majority of the firms in other sectors trace their origins to the entrepreneurial drive and ambitions of a single man or woman.

In developed countries, the company