Best of BS Opinion: The succession question, growth spending & more

Here is the best of Business Standard's opinion pieces for Thursday

Some family-owned corporate groups are reportedly attempting succession planning by setting up management trusts. Our lead editorial in this context notes that the key question that arises is whether family-owned trusts can preclude succession disputes and create clear management structures that differentiate between board-level intervention and promoter interference. Whether populated by family-members or professionals, management trusts appear to create an additional layer of opacity between ownership and management. Read here 

In other views:

The Union government’s accounts for October showed that it remains in a comparatively better fiscal position. But the situation can change considerably in the