The Shocking Cost of Nepotism: How Favoritism is Killing the Economy

Nepotism is the phenomenon of giving advantages to friends or relatives regardless of competences, but only on the basis of personal relationships. In your life you have seen when someone is given a job because they are someone's friend, brother, matchmaker. In this video we will look at an American study on how family ties influence company management.

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More about economy -    • Global Economy & Finance  
Sources – https://docs.google.com/document/d/14...

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Navigation:
0:00 – Intro
1:15 – How they explored family ties
4:44 – How family ties affect a company
8:26 – Terrible act of nepotism that happened in… America
15:49 – Conflict between owners and directors

#nepotism #corruption #economy #business