Management Controlling and Governance of Family Businesses

Antonio Leotta is an Associate Professor of Accounting and Business Administration at the University of Catania (Italy), where he teaches undergraduate and master's courses in management accounting. Previously, he was a visiting scholar at the University of Illinois at Urbana-Champaign (USA). His research interests include management control in strategic networks, healthcare, public organizations and family businesses.

An overview of family business. Profiles, definitions and the main challenges of the business life-cycle.- Professionalization and managerialization in family firms: A still open issue.- The survival of family businesses: The challenge of succession.- The growth of family businesses: the path to internationalization.- Investment decisions in listed family firms: risk aversion and emo-tional attachment.- Governing family business challenges. A research map.- Learning financial language to face on-going challenges. The case of Greenlife.- Professionalization and managerialization: original levers from Mo-lino Nicoli spa.- Beyond the founder. Which conditions can favor or hinder the profes-sionalization of family firms?.- Internationalization in family businesses. The case of Mamagra.- Family ownership and investment decisions. An empirical analysis on the role of board monitoring and CEO emotional attachment.- Discussing and concluding remarks.