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Persistent link: https://www.econbiz.de/10011847412

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Are CEOs in family firms paid like bureaucrats? : evidence from Bayesian and frequentist analyses

Block, Jörn (contributor) - 2008

The relationship between CEO pay and performance has been much analyzed in the management and economics literature. This study analyzes the structure of executive compensation in family and non-family firms. In line with predictions of agency theory, it is found that the share of base salary is...