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Who inherits the shop? Succession, daughters and firm survival in 1,100 informal Indian family businesses
Dr. Ananya Deshpande, Prof. Rajesh Iyer
Lighthouse Journal of Management & Organisation2026Business & Management47 citations
…gal. Following 1,100 informal family businesses across four Indian cities for six years, we find that firms transferred to daughters survive at materially higher rates than those transferred to sons (hazard ratio 0.68), and that the gap is …
https://doi.org/10.53456/ljmo.2026.11.4.512
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The Informal Firm
Prof. Rajesh Iyer
Lighthouse Studies in Management2026Business & Management
Nine in ten firms in India are informal, and management research has almost nothing to say about them because they do not appear in the registries it samples from. Iyer draws on fifteen years of field enumeration across four cities to descr…
https://doi.org/10.53456/book.2026.informal-fir