Family control and the rent-seeking society.

A high horizontal of trust within a small elite, like a depressed level of trust in society at large, may be a serious impediment to economic unravelling This is because such concentrated high trust among the elite forwards political rent seeking, known to retard growing We propose that entrusting the governance of a country's great corporations to a hardly any wealthy families promotes this undesirable distribution of trust. Preliminary empirical evidence and arguments surface of landed in game theory support this view.

Introduction

Big businesses in the United States and many other make knowned economies are run by professional managers for dispersed shareholders.