Long-term orientation of family firms : an investigation of R&D investments, downsizing practices, and executive pay
Author(s)
Bibliographic Information
Long-term orientation of family firms : an investigation of R&D investments, downsizing practices, and executive pay
（Gabler research, . Innovation und Entrepreneurship）
Gabler, 2009
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Note
Originally presented as the author's thesis (doctoral)--Technische Universität München, 2009
Bibliography: p. [209]-235
Description and Table of Contents
Description
Family firms are commonly assumed to be more long-term oriented than comparable non-family firms. Joern Block analyzes this phenomenon in more detail and investigates whether and under which conditions family firms pursue more long-term oriented strategies than other firms.
Table of Contents
Family firms.- Long-term orientation of firms.- Data and method.- Performance of family firms.- Family firms and R&D spending.- Family firms and employment downsizing.- Family firms and executive pay.- Executive pay in family firms: a principal-agent model.- Summary, implications, and outlook.
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