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design in family-owned businesses. We conceptualize how CEO pay and pay-performance sensitivity is influenced by whether the … CEO is a professional or drawn from the controlling family (family CEO). Data from a sample of 277 publicly listed Indian … family firms during 2004-2013 support our argument that family CEOs get paid more than professional CEOs. This pattern is …
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We study 288 family firms included in the NSE CNX 500 index of the National Stock Exchange of India. We find an … entrenchment-alignment-entrenchment relationship between family ownership and firm value. We show that family CEO has a negative … moderating effect on the relationship between family ownership and firm value. When the interaction effect of Family CEO on …
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