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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
…he informal sector, where ownership is undocumented and the transfer is social rather than legal. Following 1,100 informal family businesses across four Indian cities for six years, we find that firms transferred to daughters survive at mat…
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
…y organised: how they hire, how they hold capital, how they transfer ownership and why they close. A corrective to a literature built on the visible tenth.
https://doi.org/10.53456/book.2026.informal-fir