We study the effects of family control on CEO pay from the perspective of behavioral agency model (BAM), with particular focus on family firm's generational stage and CEO family ties. Using a panel of Australian listed firms, we find that family firms present lower total and variable CEO pay,...

The problems we face in the second decade of the twenty-first century are too significant to be solved by a few chosen heroes. Consequently, the role of leadership educators and authors extends beyond encouraging "natural leaders" to accept the leadership call. Instead, our role is to inspire...

Research Question/Issue: Do large, within-firm executive pay differences hurt firm performance? Prior literature shows mixed results concerning the sign of the relationship between executive pay disparity and firm performance. This study evaluates that literature, clarifies what tournament...