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China tops list, India at 3rd position to have publicly-listed family-owned firms

As per the Credit Suisse Research Institute’s latest CS Family 2018 report, India with 111 is at 3rd place to have publicly-listed family-businesses. China with 159 firms is at the 1st position while US with 121 is at 2nd position in the list. The findings are based on- direct shareholding founders are at least 20% and voting rights held by the founders are at least 20%. Hong Kong and France are at 4th and 5th rank resp.