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The Determinants of Employee Compensation in Family Firms: Empirical Evidence

The Determinants of Employee Compensation in Family Firms: Empirical Evidence This study characterizes employee compensation in family owned and managed firms compared to that in nonfamily firms and professionally managed family firms. The general results show that employee compensation differs between firms. This is an important finding because to understand employee compensation designs it is necessary to understand the role of ownership concentration and management composition in the firm, since the compensation components are explicitly defined according to risk sharing and to the interest of the owners, CEO, and employees. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Family Business Review SAGE

The Determinants of Employee Compensation in Family Firms: Empirical Evidence

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References (49)

Publisher
SAGE
Copyright
Copyright © by SAGE Publications
ISSN
0894-4865
eISSN
1741-6248
DOI
10.1111/j.1741-6248.2007.00096.x
Publisher site
See Article on Publisher Site

Abstract

This study characterizes employee compensation in family owned and managed firms compared to that in nonfamily firms and professionally managed family firms. The general results show that employee compensation differs between firms. This is an important finding because to understand employee compensation designs it is necessary to understand the role of ownership concentration and management composition in the firm, since the compensation components are explicitly defined according to risk sharing and to the interest of the owners, CEO, and employees.

Journal

Family Business ReviewSAGE

Published: Sep 1, 2007

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