Initially, when examining the relationship between the CEO and the CFO, it is necessary to
distinguish between a family CEO and a non-family CEO. Because this paper focuses on the
differences in a CFO’s role in FBs and in NFBs, this section focuses on the relationship
between the CFO and a family member CEO, which is a situation that is unique to FBs
(Filbeck & Lee, 2000; Caselli & Di Giuli, 2010).
Initially, when examining the relationship between the CEO and the CFO, it is necessary todistinguish between a family CEO and a non-family CEO. Because this paper focuses on thedifferences in a CFO’s role in FBs and in NFBs, this section focuses on the relationshipbetween the CFO and a family member CEO, which is a situation that is unique to FBs(Filbeck & Lee, 2000; Caselli & Di Giuli, 2010).
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