Family CEOs vs nonfamily CEOs in the family-controlled firm (Record no. 43627)
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000 -LEADER | |
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fixed length control field | 01060nab a22001217a 4500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 160615b2000 xxu||||| |||| 00| 0 eng d |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | McConaughy, Daniel L |
245 ## - TITLE STATEMENT | |
Title | Family CEOs vs nonfamily CEOs in the family-controlled firm |
Statement of responsibility, etc. | an examination of the level and sensitivity of pay to perfor |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2000 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 121 - 131 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | This study examines CEO compensation in 82 founding-family-controlled firms; 47 CEOs are members of the founding family and 35 are not. It tests the family incentive alignment hypothesis, which predicts that family CEOs have superior incentives for maximizing firm value and, therefore, need fewer compensation-based incentives. Univariate and multivariate analyses show that family CEOs' compensation levels are lower and that they receive less incentive-based pay - confirming the family incentive alignment hypothesis and suggesting the possible need for family firms to increase CEO compensation when they replace a founding family CEO with a nonfamily-member CEO. |
773 ## - HOST ITEM ENTRY | |
Main entry heading | Family Business Review |
Place, publisher, and date of publication | Jun |
Withdrawn status | Lost status | Damaged status | Not for loan | Permanent Location | Current Location | Date acquired | Serial Enumeration / chronology | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from | Koha item type |
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Ahmedabad (HO) | Ahmedabad (HO) | 21/06/2016 | Vol. 13, Issue. 2 | 020097 | 21/06/2016 | 21/06/2016 | Articles |