题目：The Talent Gap in Family Firms
时间：2024年7月1日（周一）14:00-16:00
地点：浙江大学紫金港校区yl23411永利A823
主讲人：Morten Bennedsen，University of Copenhagen
主持人：王文明研究员，yl23411永利
主持人简介：
Morten Bennedsen is Professor of Economics at the University of Copenhagen and Visiting Professor at INSEAD. He was for more than a decade the André and Rosalie Hoffmann Chair in Family Firms and the Academic leader of the Wendel Center for Family Enterprise at INSEAD. He obtained his PhD from Harvard University.
MB is an expert on family business, boards and sustainability. He has written 3 book manuscripts, published 30+ articles (mostly) in top economics and finance journals, 35+ business cases, 30+articles in applied journals and policy reports and 200+ popular media articles and interviews on 6 continents.
MB has served as an advisor to global family firms, the Danish and UK Government, EU, private equity funds, World Economic Forum, The World Bank and other national and supranational institutions. He regularly give talks and teach executive programs to business families, advisors and investors around the globe. MB teaches families in business, MBAs and executives on the global and regional challenges that Asian family firms face today.
MB is the editor of Journal of Corporate Finance.
摘要：
Using data from Danish military draft sessions we document three results: First, employees in family firms have on average lower IQ than employees in nonfamily firms. This gap is higher for CEOs and in high-skill job occupations. Second, the IQ gap is correlated with other well established measures of talent. Third, the employee IQ is positively correlated with management practice, which is significantly lower in family firms. We also document that family members at all levels on average have higher IQ than non-family members but family leaders tent to hire employees with lower IQ relatively to non-family leaders. Our findings are consistent with that the talent gap is rooted in family firms’ lower ability to identify and provide incentives for talented individuals.
