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CentrePiece article

Family business: management effort and firm performance


Might familyowned, familyrun firms be a serious obstacle to productivity growth in Europe? Oriana Bandiera, Andrea Prat and Raffaella Sadun have collected time use data on over 1,000 chief executive officers to explore differences in the hours worked by family and professional managers – and the impact on their firms’ performance.


Oriana Bandiera, Andrea Prat and Raffaella Sadun

30 July 2015     Paper Number CEPCP450

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This CentrePiece article is published under the centre's Growth programme.