If we compare ownership patterns of large- and medium-sized companies, which if the following is generally true?

1. Compared to economies in the Anglo-Saxon countries, the firms in Asian countries tend to be more state-controlled and firms in European countries are more likely to be family-owned.
2. Compared to economies in the Anglo-Saxon countries, the firms in Asian countries tend to be more family-owned and firms in European countries are more likely to be state-owned.
3. Anglo-Saxon countries are dominated by family-owned firms, while European countries are dominated by state-controlled firms; Asian firms tend to be widely held
4. There is no observable difference in ownership patterns between Anglo-Saxon, Asian and European countries.

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The most accurate statement would be AngloSaxon countries are dominated by fa... View the full answer