Lutz, Eva; Schraml, Stephanie C. - Lehrstuhl für Finanzmanagement und Kapitalmärkte - 2010
Purpose: We examine motives for hiring a non-family Chief FinancialOfficer (CFO) in family firms. We explore the perceptions of family firm ownerstowards external managers by analyzing how their goals relate to the employmentof a non-family CFO.Design/methodology/approach: Our study is based on...