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Study: A CEO’s Decision Making Is Shaped by Whether Their Parents Were Immigrants

Harvard Business Review

MARCH 28, 2018

We replicated our analysis for the Chief Financial Officers (CFOs) of each bank and other members of the top management team, but we did not find a relationship between their cultural heritage and firm performance. This confirmed the role of the CEO as the most important decision-maker in a bank.

Banking 9
Banking Sample Hofstede Chief Financial Officer 9
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