Family firm heterogeneity and CEO compensation in Continental Europe

Roberto Barontini and Stefano Bozzi

Journal of Economics and Business, 2018, vol. 97, issue C, 18 pages

Abstract: CEO compensation in family firms is affected by certain corporate governance characteristics, such as the generational stage of the firm (founder or descendant-controlled firms), the level of family involvement on the board of directors (lone or multiple family members sitting on the board) and the family status of the CEO (family or professional CEO).

Keywords: Heterogeneity; Family firms; CEO compensation; Corporate governance; Agency theory; Stewardship theory (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jebusi:v:97:y:2018:i:c:p:1-18

DOI: 10.1016/j.jeconbus.2018.02.001

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