#2318. Behavioural investigation of the impact of different types of CEOs on innovation in family firms: moderating role of ownership divergence between cash flow rights and voting rights

October 2026publication date
Proposal available till 30-05-2025
5 total number of authors per manuscript6020 $

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Journal’s subject area:
Economics and Econometrics;
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Abstract:
In what way different types of CEOs within family firms, based on control diversity, behave towards R&D investment and how excess voting rights alter this behaviour of CEOs? This study has aimed to investigate the R&D investment behaviour of CEOs in family and non-family firms. The study found non-family CEOs exhibit negative behaviour towards R&D investment and that CEOs from family firms exhibit the same behaviour when do not have actual control rights.
Keywords:
cash flow rights; CEOs types; firm behavior; empirical analysis; corporate finance and governance; behavioral finance; family firms; R&D; voting rights

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