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Wrigley is market leader in the chewing gum business. They have a very low cost per package of gum. For a company that creates a lot of cash flow that is an indicator of competitive advantage.
- Family Business. Business Week says "That comes as no surprise to American University's Ronald C. Anderson and Temple University's David M. Reeb, the professors whose research prompted our own. Their study, published in the June issue of The Journal of Finance, concluded that the performance of family companies in the S&P far outstripped that of non-family companies. To find out for ourselves how much family matters when it comes to corporate performance, BusinessWeek, with the help of Chicago executive-search firm Spencer Stuart, identified the family companies in the current S&P and tracked their performance over the past decade...
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