Perceptions of Benevolence and the Design of Agency Contracts: CEO-TMT Relationships in Family Firms

manuel becerra
manuel becerra

Academy of Management Journal, Volume 53, Issue 1, 2010, Pages 69-89.

Cited by: 445|Bibtex|Views0|Links

Abstract:

In this study, we view the contracts of top managers from an integrated agency theory-trust perspective, arguing that two conditions reflecting CEO risk bearing, top management team (TMT) behavioral uncertainty and CEO vulnerability, are negatively related to a CEO's perceptions of TMT benevolence toward him-/herself, which in turn influe...More

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