Family CEOs vs nonfamily CEOs in the family-controlled firm (Record no. 43627)

000 -LEADER
fixed length control field 01060nab a22001217a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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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
Holdings
Withdrawn status Lost status Damaged status Not for loan Permanent Location Current Location Date acquired Serial Enumeration / chronology Total Checkouts Full call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
        Ahmedabad (HO) Ahmedabad (HO) 21/06/2016 Vol. 13, Issue. 2   020097 21/06/2016 21/06/2016 Articles

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