Perceptions of benevolence and the design of agency contracts: CEO-TMT relationships in family firms

Authors :: Cruz, Cristina C.
Gomez-Mejia, Luis R.
Becerra, Manuel
Source :: Academy of Management Journal. Feb, 2010, Vol. 53 Issue 1, p69, 1 p.
Publication Year :: 2010
Abstract: Behavioral uncertainty in top management teams (TMTs) and vulnerability of chief executive officers are negatively related to perceptions of TMT benevolence toward CEOs in family firms . Percepti ons of benevolence influence the protective features of TMT contracts.

Subjects :: Family corporations -- Management
Family-owned business enterprises -- Management
Benevolence -- Influence
Agency theory -- Research
Chief executive officers -- Social aspects
Corporate governance -- Social aspects
Company business management
Business
Business, general

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