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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w19395 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w19395 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
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. |
条目包含的文件 | 条目无相关文件。 |
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