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.
Global Family Enterprise
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.
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