Quotation Posch, Arthur, Haas, Nora. 2014. The Influence of Family Involvement and CEO Decision-Making Style on Performance Evaluation. 10TH Workshop on Family Firm Management Research, Bergamo, Italien, 23.05-24.05..


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Abstract

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.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title The Influence of Family Involvement and CEO Decision-Making Style on Performance Evaluation
Event 10TH Workshop on Family Firm Management Research
Year 2014
Date 23.05-24.05.
Country Italy
Location Bergamo
URL http://www.eiasm.org/frontoffice/event_announcement.asp?event_id=1022

Associations

People
Posch, Arthur (Former researcher)
Haas, Nora (Former researcher)
Organization
Institute for Strategy and Managerial Accounting IN (Details)
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