Using a hand-collected sample of Italian family and non-family-controlled firms, we investigate the moderating effect … of family ownership on the relation between earnings management and CEO turnover. Consistent with agency theory, we find … being primarily driven by non-family-controlled firms. In family-controlled firms, we find that the positive relation is …

The aim of this paper is to examine how family businesses and non-family businesses pay their CEOs differently and the … relationships among family firms, executive pay and corporate governance mechanisms. The empirical results show that compare with … non-family businesses, family businesses tend to grant more fixed compensation and less performance-based pay to their …

family firms?Research Findings/Insights: Using a detailed database of mostly non-listed Colombian firms, we find that family … hold even when the manager is a family member, although the probability of turnover is lower for a family member. This … family CEO seems to occur.Theoretical/Academic Implications: First, the theoretical premise that bad financial performance …

We study 288 family firms included in the NSE CNX 500 index of the National Stock Exchange of India. We find an … entrenchment-alignment-entrenchment relationship between family ownership and firm value. We show that family CEO has a negative … moderating effect on the relationship between family ownership and firm value. When the interaction effect of Family CEO on …

CEOs. The paper's main finding is consistent with the view that top managers, when given higher levels of responsibility …