Daughters overlooked in family business, The Age, 28 July 2010
We may have a female prime minister, but there still appears to be real reluctance to let daughters inherit the family business.
An RMIT University survey has found only seven per cent of business owners involve their daughters in the enterprise.
Sons are five times more likely to be involved in the family business and to succeed the chief executive than their sisters.
The survey, which was carried out in conjunction with accounting firm MGI, took in 5000 Australian companies.
Australia's two million family businesses are worth $1.5 trillion and employ almost half the nation's workforce.
The survey found that women own only 11 per cent of family business operations.
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