In family-owned businesses, professional CEOs work longer hours than owner-CEOs
The exceptional economic success of many European countries in the post-war period was characterised by the dominant presence of family firms across the continent. In countries like Germany and Italy, family ownership came to be seen as the best guarantee of economic and social development. But the consensus that family firms are good for growth … Continue reading In family-owned businesses, professional CEOs work longer hours than owner-CEOs
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