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Phys.org: Why keeping it in the family can be good news when it comes to CEOs

 

A study co-authored by Jochen Menges, Associate Professor in Organisational Behaviour at Cambridge Judge Business School, is mentioned in this article about CEOs in family firms.

According to the study “Research suggests that firms with family CEOs differ from other types of businesses, yet surprisingly little is known about how employees in these firms feel and behave compared to those working in other firms.”

“There has long been a conundrum in family business research: why do many such firms thrive despite anachronistic management structures and low investment in employees?” says Jochen.

“This study helps unlock that paradox by focusing on the positive role of emotions tied to family CEOs.” he adds.

Read the full article [phys.org]