Are two heads better than one head in managing the family business?

The return to operator's labour and management in sole proprietorship firms and partnership firms is compared using matching samples to determine if multi-managed firms produce greater returns. Data were obtained from a farm business management program for the years 1998 through 2001. Managers in a parent-child partnership did not generate more returns than a sole proprietorship, but nonparent-child partnerships generated $36442 more labour and management income per manager per year than the sole proprietorship.