Description
AbstractBelonging to an established family provides clear economic advantages. Members of such dynasties benefit from inherited sociocultural capital, placing them in favorable market positions and easing their access to resources. However, despite these advantages, dynastic producers do not always excel in contemporary markets. Previous research offers supply-side explanations: dynastic producers may lack the drive and skills found in their counterparts. This paper investigates an additional demand-side factor concerning how society views the work of dynastic producers. We introduce the concept of a “nepotism discount,” which suggests that societal disdain for incompetence and unfairness restricts the inherent advantages of these producers. Using a unique dataset of Bollywood family trees and market performance, we find that this discount is applied only when nepotism is clearly evident.
| Period | 4 Jul 2024 → 6 Jul 2024 |
|---|---|
| Event title | EGOS Colloquium: Crossroads for Organisations: Time, Space and People |
| Event type | Conference |
| Conference number | 40 |
| Location | Milan, ItalyShow on map |
| Degree of Recognition | International |