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  1. ArticleSubscription

    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

    Family firm succession research is built almost entirely on registered, formal firms with documented ownership. We study succession in the informal sector, where ownership is undocumented and the transfer is social rather than legal. Follow…

    https://doi.org/10.53456/ljmo.2026.11.4.512

  2. BookSubscription

    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