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来源类型Working Paper
规范类型报告
DOI10.3386/w19395
来源IDWorking Paper 19395
How do CEOs see their Role? Management Philosophy and Styles in Family and Non-Family Firms
William Mullins; Antoinette Schoar
发表日期2013-09-05
出版年2013
语种英语
摘要Using a survey of 800 CEOs in 22 emerging economies we show that CEOs' management styles and philosophy vary with the control rights and involvement of the owning family and founder: CEOs of firms with greater family involvement have more hierarchical management, and feel more accountable to stakeholders such as employees and banks than they do to shareholders. They also see their role as maintaining the status quo rather than bringing about change. In contrast, professional CEOs of non-family firms display a more textbook approach of shareholder-value-maximization. Finally, we find a continuum of leadership arrangements in how intensively family members are involved in management.
主题Financial Economics ; Corporate Finance ; Labor Economics ; Unemployment and Immigration ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w19395
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577071
推荐引用方式
GB/T 7714
William Mullins,Antoinette Schoar. How do CEOs see their Role? Management Philosophy and Styles in Family and Non-Family Firms. 2013.
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