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Insider capitalism: opening the black box of CEO replacement decisions
University of Udine.ORCID-id: 0000-0002-8203-4655
University of Udine.
2013 (Engelska)Ingår i: Academy of Management Proceedings: Meeting Abstract Supplement 15492, 2013, Vol. 2013, s. 15492-15492Konferensbidrag, Muntlig presentation med publicerat abstract (Refereegranskat)
Abstract [en]

In this paper we analyzed the behaviour of family owners in the relationship with non-family managers, focusing on the CEO replacement decision. We compared family and non- family controlled companies and explored the differences among family firms with respect to relevant governance attributes. We perform our analysis on data drawn from a panel of Italian listed companies over a 10 year period. Our results suggest that family owners are special category of major shareholders with respect to (1) the definition of goals that the CEO must pursue and (2) the characteristics of the monitoring process.

Ort, förlag, år, upplaga, sidor
2013. Vol. 2013, s. 15492-15492
Nationell ämneskategori
Företagsekonomi
Identifikatorer
URN: urn:nbn:se:hj:diva-37827DOI: 10.5465/AMBPP.2013.15492abstractOAI: oai:DiVA.org:hj-37827DiVA, id: diva2:1155049
Konferens
2013 Annual Meeting of the Academy of Management, Capitalism in Question, theme for the 73rd Annual Meeting of the Academy of Management, August 9-13, 2013, Orlando, Florida, USA
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Tillgänglig från: 2017-11-06 Skapad: 2017-11-06 Senast uppdaterad: 2017-11-06Bibliografiskt granskad

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