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.
30 July 2015 Paper Number CEPCP450
This CentrePiece article is published under the centre's Growth programme.