The Strategic CFO: New Responsibilities and Increasing Job Complexity

doi:10.1007/978-3-642-04349-9_1

Paper

The Strategic CFO: New Responsibilities and Increasing Job Complexity

Published 2011 · Michael Fabich, Lutz Firnkorn, U. Hommel

UNKNOWN SJR score

3

Citations

0

Influential Citations

Full textSemantic Scholar

Abstract

The role of Chief Financial Officers (CFOs) has evolved significantly in recent years. They are no longer restricting themselves to managing funding availability, capital structure and financial market risk. CFOs are increasingly involving themselves in all areas of company management including strategy selection and operation. While industrial companies have traditionally shown great reluctance to appoint CFOs as CEOs, this appears to have become a more regular occurrence in recent years. These developments are certainly reflective of increased capital market pressures to deliver satisfactory performance to shareholders and the fact that competition increasingly involves the liability side of the balance sheet as well.

Study Snapshot

CFOs are increasingly involved in company management, including strategy selection and operation, and are increasingly being appointed as CEOs, reflecting increased capital market pressures and competition.

PopulationOlder adults (50-71 years)

Sample size24

MethodsObservational

OutcomesBody Mass Index projections

ResultsSocial networks mitigate obesity in older groups.

The Strategic CFO: New Responsibilities and Increasing Job Complexity

References

Citations