Business Daily

BBC World Service

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The daily drama of money and work from the BBC.


BizDaily: Should Business Keep it in the Family?

February 16th, 2015

Episode 159 of 646 episodes

As South Korea digests the implications of a leading air executive halting a plane over a bag of macadamias, we look at the wider implications of the so-called Nut Rage scandal: what it says about family firms like Korean Air, where succession is based purely on who you are, not on what you know. Are they a solid basis for an enduring business empire, or just another way to ring-fence wealth and privilege? Also in the programme, we look at the falling oil price and its impact on the American Midwest. And Lucy Kellaway of the Financial Times lambasts the nutty jargon of corporate emails.

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