Tsao, Shou-Min; Lin, Che-Hung; Chen, Vincent Y.S. - In: Journal of Business Research 68 (2015) 3, pp. 599-606
Firms can curb opportunistic managerial R&D investing behavior by increasing the sensitivity of CEO compensation to R&D investment. Using a sample of firms in Taiwan's R&D-intensive industries, this study examines whether family ownership moderates the sensitivity of CEO compensation to R&D...
