Outside Director Compensation in German Public Family Firms

An Empirical Analysis

Paperback Engels 2014 2015e druk 9783658073152
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

Pascal Engel investigates how outside directors are incentivized in family firms that are publicly listed but still partly owned by members of the founding family. Owning families significantly influence their firms' corporate conduct with their own set of goals, sometimes in conflict with economically driven goals of the capital markets. The author analyzes how family shareholders exert their influence on compensation schemes of outside directors who have the difficult task to protect the interests of family and non-family shareholders. This book provides insights on current approaches of defining a compensation scheme that attracts qualified outside directors but concurrently reflects respective shareholders' preferences.

Specificaties

ISBN13:9783658073152
Taal:Engels
Bindwijze:paperback
Aantal pagina's:181
Uitgever:Springer Fachmedien Wiesbaden
Druk:2015

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Inhoudsopgave

​Research on Family Firms.- Outside Directors' Pay Level.- Voluntary Disclosure of Outside Directors' Compensation.- Outside Directors' Pay Mix.

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        Outside Director Compensation in German Public Family Firms