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The Wall Street Journal (Europe):
Do CEOs of family-owned businesses work less?

7 March 2014

Professors at Harvard Business School, the London School of Economics and Columbia University's business school examined the schedules of 356 chief executives in India and found that family CEOs worked 8 percent fewer hours than managers without genetic ties to their companies. The researchers found similar disparities in Brazil, Britain, France, Germany, Italy and the U.S. The incentives and risks that motivate professional CEOs to burn the midnight oil just might not be a factor for family CEOs, said Raffaella Sadun, a Harvard strategy professor and one of the study's authors.

This article was published by The Wall Street Journal (Europe) on March 7, 2014
Link to article here

Related publications
'Managing the Family Firm: Evidence from CEOs at Work', Oriana Bandiera, Andrea Prat and Raffaella Sadun, Centre for Economic Performance Discussion Paper No.1250, December 2013

Related links
Raffaella Sadun webpage
Productivity and Innovation Programme webpage

Read more... The Wall Street Journal (Europe)