Outside Director Compensation in Ge - E-book

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Outside Director Compensation In German Public Family Firms - ENG

An Empirical Analysis

Pascal Engel

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Sinopsis

ISBN:	9783658073169
Formato:	Page Fidelity
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Negocios y economía
Subtema:	Microempresas y Empresas pequeñas
Año de publicación:	2014-09-26

Pascal Engel investigates how outside directors are incentivized in family firms that are publicly listed but still partly owned by members of the founding family. Owning families significantly influence their firms corporate conduct with their own set of goals, sometimes in conflict with economically driven goals of the capital markets. The author analyzes how family shareholders exert their influence on compensation schemes of outside directors who have the difficult task to protect the interests of family and non-family shareholders. This book provides insights on current approaches of defining a compensation scheme that attracts qualified outside directors but concurrently reflects respective shareholders preferences.

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