We study successions from a non-family CEO back to a family CEO, which we label “Type-R” successions. In our sample of 489 Italian family firms experiencing the departure of nonfamily CEOs, these successions represent 42% of all cases. Our difference-in-differences results indicate that...

The corporate world today is changing fast. To survive firms must be competitive, ready for changes, exploiting opportunities presented by globalization, finding finance when crisis hits, and, generally, to be able to adapt to new challenges more rapidly than possibly ever before in corporate...

The corporate world today is changing fast. To survive firms must be competitive, ready for changes, exploiting opportunities presented by globalization, finding finance when crisis hits, and, generally, to be able to adapt to new challenges more rapidly than possibly ever before in corporate...