The Influence of Family Involvement and CEO Decision-Making Style on Performance Evaluation

  • Arthur Posch (Ko-Autor*in)
  • Nora Haas (Ko-Autor*in)

Aktivität: VortragWissenschaftlicher Vortrag (Science-to-Science)

Beschreibung

This study analyzes both theoretically and empirically the differences between family firms and non-family firms with regard to performance evaluation practices. Moreover, based on self-control literature we argue that CEOs with a propensity for analytical decision making are capable of mitigating the family influence on performance evaluation practices. Drawing on a dataset of 247 Austrian firms from the manufacturing industry and in line with the socioemotional-wealth perspective our initial results indicate that family firms rely less on objective performance evaluation of middle managers, define less specific targets for them and show a higher tolerance for target deviations. In addition, our preliminary findings support the literature on self-control in family firms and suggest that analytical decision making weakens the family influence on the business.
Zeitraum23 Mai 201424 Mai 2014
Ereignistitel10TH Workshop on Family Firm Management Research
VeranstaltungstypKeine Angaben
BekanntheitsgradInternational