What is it about?
The article would like to stress the idea that the "back-office", such as the Finance function, contributes to value creation as much as the "front-office". One would tend to believe that front-line management manages the levers of value creation almost exclusively. We found that the Finance functions, headed by Influential CFOs, have quite a bit to manage in terms of value creation.
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Why is it important?
Our findings are an important reminder to CEOs to accurately develop the Finance function and "team-up" with CFOs, developing strong support to business, independent compliance and common language.
Perspectives
This is contribution based on real cases, intended to help organizations to frame a development patterns for the Finance function. Further it suggests some how CFOs functional experience, background, age, gender, position in the BoD support development patterns.
laura zoni
Universita Cattolica del Sacro Cuore
Read the Original
This page is a summary of: CFO and finance function: what matters in value creation, Journal of Accounting & Organizational Change, June 2017, Emerald,
DOI: 10.1108/jaoc-12-2014-0059.
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