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CentrePiece article
Family firms: the problem of second-generation bosses
Renata Lemos and Daniela Scur
March 2018
Paper No' CEPCP527:
Full Paper (pdf)

CentrePiece 23 (1) Spring 2018

Tags: ceo; firm productivity; management

Although family firms are widely praised as the ‘backbone of the economy’, their productivity is often hampered by weak management. Research by Daniela Scur and Renata Lemos provides new evidence on the performance of ‘dynastic’ family-owned firms and explores why those led by family bosses adopt fewer structured management practices.