Social embeddedness, overt and covert power, and their effec pay (Record no. 43635)
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000 -LEADER | |
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fixed length control field | 01584nab 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 | Veliyath, Rajaram |
245 ## - TITLE STATEMENT | |
Title | Social embeddedness, overt and covert power, and their effec pay |
Statement of responsibility, etc. | an empirical examination among family businesses in India |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2000 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 293 - 311 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | The literature on CEO compensation reflects two common biases: (a) the dominant use of the agency theory perspective and (b) the almost exclusive use of U.S. and U.K samples. Agency theory views compensation as a consequence of the incentive contracts and the processes of corporate governance. However, little is known about the determinants of CEO compensation in developing countries. Considering that foreign direct investment of U.S. multinational enterprises increased 10-fold over the past decade, mostly in developing economies, there is a great need to understand the dynamics of pay setting in these foreign contexts. Overall, there is an imperative need to explore alternative theoretical perspectives as well as investigate nontraditional contexts to broaden existing theoretical premises. In an attempt to address this need, this study investigates the CEO's social embeddedness and overt and covert power as determinants of CEO pay in a sample of Indian family-controlled firms. Using a time-series, cross-sectional regression analysis, we find family shareholding and the percentage of inside directors on the board (identified as bases of overt power for the CEO) to be the... |
773 ## - HOST ITEM ENTRY | |
Main entry heading | Family Business Review |
Place, publisher, and date of publication | Dec |
Withdrawn status | Lost status | Damaged status | Not for loan | Permanent Location | Current Location | Date acquired | Serial Enumeration / chronology | Total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. 4 | 020105 | 21/06/2016 | 21/06/2016 | Articles |