We draw on the behavioral agency model to explore the ethical consequences of CEO equity incentives. We argue that CEOs are more concerned with funding pension plans when they have more to gain from their stock options yet will increasingly underfund employee pension funds as their current...

Little previous research has focused on the CEO's salary in family-controlled public firms. This lack is addressed by comparing and contrasting the executive compensation contracts of family-member CEOs and non-family CEOs. Data gathered during the years 1995 through 1998 from 253 randomly...