Voluntary disclosure of individual supervisory board compensation in public family firms
Journal of Business Research(2019)
摘要
In family firms, the decision to voluntarily disclose individual supervisory board compensation induces confidence in the family firm's governance system, but may also compromise a family's efforts to keep exclusive control. Drawing on socioemotional wealth (SEW) research, we investigate family influence on a firm's voluntary disclosure decisions while distinguishing between different types of firms: non-family, true family (TFF), and lone founder firms (LFF). Our findings demonstrate the complex influence of two control-enhancing factors, family CEO and high ownership concentration, on disclosure decisions.
更多查看译文
关键词
Corporate governance,Family firms,Socioemotional wealth,Voluntary disclosure
AI 理解论文
溯源树
样例
生成溯源树,研究论文发展脉络