Executive compensation, especially cash bonus compensation, has come under fire by the
Securities and Exchange Commission (SEC), the US Federal government, and the media for …

We explore the relation between equity ownership structure and corporate investment policy
by focusing on the effect, if any, of family shareholders on firms' investment decisions. Our …

Executive compensation has been extensively studied in market orientation economy;
consequently the conflict of interest between the Principal and the Agent is clearly defined in …

I examine whether and how family firms' unique ownership structure and agency problems
affect their choice of industry-specialist auditors and the level of audit fees. Following prior …

This study compares the executive compensation practices of firms with private equity and
public debt to the compensation practices of firms with public equity and public debt. From …

Most executive compensation contracts (specifically bonuses) are based on accounting-
related measures such as earnings per share (EPS), growth in revenue, return on …

Building on the recent evidence that family firms face less severe agency problems than non-
family firms in the US, we examine the audit fees of family and non-family firms. We find that …

An important mechanism available for aligning management goals with those of the
shareholders is CEO compensation. In recent times, salary, the proportion of incentive pay …

I compare compensation arrangements of firms with private equity and public debt and firms
with arrangements public equity and public debt. In a sample of 77 firms, I find that privately …

Recent research has suggested that interest alignment, ie, the degree to which members of
an organization are motivated to behave in line with organizational goals, is a source of …