In family-owned businesses, professional CEOs work longerhours than owner-CEOs
Bandiera, O.
, Prat, A. & Sadun, R.
(2015).
In family-owned businesses, professional CEOs work longerhours than owner-CEOs.
, Prat, A. & Sadun, R.
(2015).
In family-owned businesses, professional CEOs work longerhours than owner-CEOs.
The exceptional economic success of many European countries in the post-war period was characterised by the dominant presence of family firms across the continent. In countries like Germany and Italy, family ownership came to be seen as the best guarantee of economic and social development. But the consensus that family firms are good for growth has come under scrutiny in recent years.