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Titlebook: Long-term Orientation of Family Firms; An Investigation of Joern Block Book 2009 Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesb

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发表于 2025-3-21 17:33:04 | 显示全部楼层 |阅读模式
书目名称Long-term Orientation of Family Firms
副标题An Investigation of
编辑Joern Block
视频video
丛书名称Innovation und Entrepreneurship
图书封面Titlebook: Long-term Orientation of Family Firms; An Investigation of  Joern Block Book 2009 Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesb
描述Family firms play an important role in most economies. This fact is due not only to family firms’ share of overall revenues or jobs, but also because they are commonly assumed to be more long-term oriented than comparable non-family firms. This view, however, is largely based on - amples and case studies, while large-scale quantitative studies are so far missing. In more detail, we have very limited knowledge about how family and non-family firms compare along various - mensions of long-term orientation such as R&D activity, human resource policy, and incentive pay for executives. Furthermore, it is an open question how the hypothesized long-term orientation of family firms depends on the exact definition of this type of firm, in particular on management by family members and on the extent of family ownership. Jörn Block addresses the above questions in this pioneering book. Well-grounded in theory, he develops hypotheses regarding various dimensions of long-term orientation. Using an impressive data set on US stock-listed firms that draws on several data sources, the author then tests his - potheses using leading-edge empirical methods. Noteworthy, he not only proceeds by classica
出版日期Book 2009
关键词Downsizing; Executive compensation; Innovation; Long-term orientation; family firms; strategy
版次1
doihttps://doi.org/10.1007/978-3-8349-8412-8
isbn_softcover978-3-8349-1959-5
isbn_ebook978-3-8349-8412-8Series ISSN 2627-1168 Series E-ISSN 2627-1184
issn_series 2627-1168
copyrightGabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2009
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978-3-8349-1959-5Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2009
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Long-term Orientation of Family Firms978-3-8349-8412-8Series ISSN 2627-1168 Series E-ISSN 2627-1184
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Family firms and executive pay,ntation in family firms in that incentive pay is regarded as a source of myopic managerial behavior. If family firms indeed pursue more longterm goals, this should be reflected in the structure of executive pay. Accordingly, there should be a low share of short-term incentive pay and a high proportion of base salary in total pay.
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Book 2009d in theory, he develops hypotheses regarding various dimensions of long-term orientation. Using an impressive data set on US stock-listed firms that draws on several data sources, the author then tests his - potheses using leading-edge empirical methods. Noteworthy, he not only proceeds by classica
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