摘要
以家族企业为研究对象,探究亲缘关系对薪酬契约的影响程度.主要从CEO是否为创始人、是否为家族成员以及家族成员CEO与实际控制人的亲缘远近三个维度进行讨论.研究发现,创始人担任CEO时,现金薪酬水平较低,业绩水平较好;除去创始人效应后讨论家族成员CEO和非家族成员CEO的情况时,二者在现金薪酬方面并无显著差异;亲缘远近对现金薪酬的影响呈显著正向关系.
Regarding the family business as our research object,we explore the influence of the kinship on salary contract.This paper mainly discuss from three dimensions,we identify whether the CEO is the founder,whether the CEO is family member,and the intimate degree between the family member CEO and the actual controller.From the empirical results,we find that when the founder serves as the CEO,the level of cash pay is low,the performance level is better.Besides the influences of the fonder effects,there is no significant difference in cash remuneration between family members and non-family members CEO. The impact of affinity on cash remuneration is positive.
作者
陈家田
梁慧婷
CHEN Jia-tian;LIANG Hui-ting(School of Business,Anhui University,Hefei 230601,China)
出处
《德州学院学报》
2018年第6期76-82,共7页
Journal of Dezhou University
基金
国家社会科学基金项目(14BGL050)
安徽大学博士科研启动项目(J10113190049)
安徽大学区域经济与城市发展协同创新中心开放招标项目(QYXT2017010)
关键词
家族企业
亲缘关系
高管薪酬
family firms
kinship
executive compensation
