Perceptions of Benevolence and the Design of Agency Contracts: CEO-TMT Relationships in Family Firms
Academy of Management Journal, Volume 53, Issue 1, 2010, Pages 69-89.
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
Full Text (Upload PDF)
PPT (Upload PPT)