Difficulties are present for all family businesses regardless if they are run by first, second or third generation. Once established the difficulties will get easier for family business in later generations. What really leads to the failures of family business in the second or third generation is the difficulty in succession planning and handing over…
The dominance of family firms across the world is now well established: Among the largest publicly traded companies, family firms account for 44% of large firms in Western Europe, over 66% in East Asia, with their dominance in around the world being stronger in countries with relatively weaker capital markets and institutions. Family firms’ dominate…
Family firms are the most typical business organizational form, in most Asian countries (excluding modern China) they are often the oldest as well. Representing more than 80% of all (private and public) corporations across a vast swath of industries they are a third of the value of listed firms. Private ownership in China has only…
The Indian quest for maintaining its regional hegemonic status in the nuclearized subcontinent led New Delhi to acquire advanced weapon systems against its territorially adjoining nations. The Indian decision-makers have recognized the role of strong Armed Forces as an essential element of New Delhi’s strategic thinking, which is persistently focusing on expanding Indian borders in…
Context As great power competition has gradually picked pace, it was assumed that the Campaign Against Extremism has subsided. In fact, US has admitted that this campaign has distracted it from preparing and dealing with global adversaries such as China and Russia. However, recent events have demonstrated that the character of the campaign has changed…
The Taliban 2.0 regime has stayed put in power for more than a year. As they marked their one-year rule on August 15, 2022, it was a muted affair. The mood in the capital, Kabul, was dull and there was hardly anything to cheer for the militia leaders, who are longing for recognition to this…
In the eighteenth century, Jews were a tiny minority in India when the Honorable East India Company (HEIC) was expanding its land acquisition in that country. There were three groups of Jews in India. Cochin Jews of Malabar (now Kerala); a mix of an ancient group and later arrivals from Spain after Christian reconquest in…
Dr. Huma Baqai, Rector MITE & Moderator: Bismillah-ir-Rahman-ir-Rahim. Good afternoon, Assalam-o-Alaikum and it is absolutely heartening to see a houseful on a Sunday afternoon, which is probably indicative of your commitment to this very critical, important initiative. When I walked into the hotel this morning, there was this lady standing there, and I asked her…
I don’t normally elaborate on topics related to politics and refrain from typical political biases because my main interest revolves around strategic subjects about how Pakistan can be self-sufficient and be able to represent itself as a powerful Islamic welfare state in the comity of nations. Having said that if there are events that are…
The completion of thirty years of diplomatic and cooperative ties between Baku and Islamabad has marked a new chapter in the Pakistan-Azerbaijan bilateral foreign relations. The leaders of both states are actively engaged in arranging different social and political activities to recall the history of their cooperative engagements in different fields. The two diplomatic communities…
