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In the Media: Latest News - 2014


See also ALL news items for 2014, 2013, 2012, or 2011

Wall Street Journal
Do CEOs of Family-Owned Businesses Work Less?

What's the difference between a family firm and a regular business? According to one new study, an empty corner office.

Professors at Harvard Business School, the London School of Economics and Columbia University's business school examined the schedules of 356 chief executives in India and found that family CEOs worked 8% fewer hours than managers without genetic ties to their companies. The researchers found similar disparities in Brazil, Britain, France, Germany, Italy and the U.S.

This article was published by The Wall Street Journal on 4 March 2014. Link to full article

Related publications:

Managing the Family Firm: Evidence from CEOs at Work? by Oriana Bandiera (LSE) Andrea Prat (Columbia) Raffaella Sadun (HBS).


News Posted: 05 March 2014      [Back to the Top]

Harvard Business School: Working Knowledge
Family CEOs Spend Less Time at Work

Two years ago, the World Management Survey on organizational leadership reported that firms led by family CEOs (managers related to the family owning the business) are often managed badly, particularly those where a first-born son has inherited the role of CEO from the previous leader.

Now comes additional research showing that on average, family CEOs also work significantly fewer hours per week than other (nonfamily affiliated) CEOs. It's an important finding because longer working hours are associated with higher firm productivity and growth, says Raffaella Sadun, an assistant professor in the Strategy unit at Harvard Business School who studies the curious relationship between managerial incentives and motivation.

This article was published by Harvard Business School Working Knowledge on 27 January 2014. Link to full article

Related publications:

Managing the Family Firm: Evidence from CEOs at Work? by Oriana Bandiera (LSE) Andrea Prat (Columbia) Raffaella Sadun (HBS).


News Posted: 27 January 2014      [Back to the Top]

Ideas for India
What do Indian CEOs do?



While the Indian manufacturing sector has experienced rapid growth since the early 1990s, it is characterised by large productivity differences across firms and presence of several low productivity firms that use poor managerial practices. This column examines differences in CEOsí management style via their time use to provide new insights on the observed diversity across firms.

The full article is available on the Ideas for India website..


News Posted: 15 March 2013      [Back to the Top]

The Wall Street Journal
In Defense of the CEO


Chauffeur-driven limousines, millions in stock options, golden parachutes. It's no wonder bosses' pay and perks can rankle. Here's why the best ones are worth it.

Full article is available on the Wall Street Journal website.

News Posted: 15 January 2013      [Back to the Top]