CFO Magazine The optimal CFO? Depends on industry growth rate Accountant CFOs in high-growth industries were associated with 7.4% lower investment expenditure and a 14.6% lower likelihood of engaging in external financing. “Lower investment in risky projects and limited exposure to capital markets are both consistent with greater risk aversion on the part of accountant CFOs,” wrote the authors, Rani Hoitash of Bentley University and […]