Singaporean institute surveys family-based firms in Burma

SMU’s Business Families Institute and consultant company Deloitte have been working together on the first survey of family businesses in Myanmar. The KBZ Group of Companies is the first of four businesses to be studied in connection with the research initiative. Titled “Paving a Way for a New Generation: A Case Study of the KBZ Family,” the report was launched in Rangoon on Wednesday. On the choice of KBZ for the study, Vice President, Office of Business Development and Professor of Finance (Practice) Annie Koh said that KBZ met the four criteria for selection: being global, giving, growing, and working across generations among other family businesses in Myanmar. SMU and Deloitte’s aim in carrying out the study is to identify educational and inspirational learning points for other firms.