This paper analyses the effect of family ownership on performance in an emerging economy. Two dimensions represent family ownership: ownership concentration and characteristics of family control (i.e. family involvement in the board of directors). The study also includes the effect of firm...

There is no experience in the world where entry to local telephony has been as significant as in Chile. This paper addresses two related questions: (i) whether the local telephony segment in Chile is competitive enough so as to deregulate rates and (ii) whether competition thus far achieved...

One of the pillars of the educational voucher system is that competition among schools to attract students would improve the quality of the education. Surveys to parents and previous work suggested that families rank the distance of the school from their home as the most important factor for...