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How do financial resources affect decision-making?
Professor Stefan Meier and colleagues find that, among low socio-economic groups, scarce resources indeed can affect one’s willingness to delay gratification when making choices about monetary rewards.
How are information, communication and influence related?
Professor Andrea Prat and colleagues study the information flows that arise among a set of agents with local knowledge and directed payoff interactions.
Do CEO’s matter? How do family deaths impact them?
Using a unique dataset from Denmark, Professor Daniel Wolfenzon and colleagues find that CEO and family deaths are strongly correlated with declines in firm operating profitability, investment and sales growth.
How do equal opportunity and family-friendly policies impact women in the labor market?
Although the gender wage gap in the U.S. has narrowed, women’s career trajectories diverge from men’s after the birth of children, suggesting a potential role for family-friendly policies.
Family or Non-family CEO?
Professor Daniel Wolfenzon and colleagues provide thought-provoking findings on family versus non-family- CEO’s of family firms in Inside the Family Firm: Families in Succession Decisions and Performance.
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Family or Non-family CEO?
Professor Daniel Wolfenzon and colleagues provide thought-provoking findings on family versus non-family- CEO’s of family firms in Inside the Family Firm: Families in Succession Decisions and Performance.
Build a Family Business That Lasts
Many family businesses have enjoyed success for decades, even centuries. In Harvard Business Review, Professor Josh Baron PhD, explores five aspects of ownership that are crucial to family business success.
Do employees at family firms work harder?
Daniel Wolfenzon, Stefan H. Robock Professor of Finance and Economics, Finance Division Chair, and Faculty Director, Columbia’s Global Family Enterprise Program, investigated absenteeism in family firms versus non-family firms.
What is transgenerational guilt?
Columbia’s Family Business Program asked EDHEC Professor Fabian Bernhard to explain his research on the impact of emotions, particularly transgenerational guilt, on family firms.
How Should a Family Firm Approach an Ethical Dilemma
Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be dramatic.
Why Do Ethics Matter for Family Firms?
Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be dramatic.
Are family firms different when it comes to ethics?
Family firms comprise between 70 and 90% of economic activity depending on the country or region, so the impact of family business ethics can be dramatic.
Family firms can respond to prior generation’s unethical behavior. Here’s how.
Columbia’s Family Business Program asked EDHEC Professor Fabian Bernhard to explain his research on the impact of emotions, particularly transgenerational guilt, on family firms.