A recent study argues that non-family CEOs are best for family firms, but only when monitored by a group of family members. 

Korean Air’s Heather Cho gets a one-year sentence, Nat Rothschild injects $100m into Indonesian coal, the Bombardier family are sidelined, and Fosun wins Club Med.

Kalanithi Maran sells his stake in Indian budget airline SpiceJet. Also, Carlos Slim ups his stake in the New York Times, and Canada’s Bombardier runs into turbulence.