Executive compensation in firms with concentrated control: The impact of dual class structure and family management

2011 ◽  
Vol 17 (5) ◽  
pp. 1580-1594 ◽  
Author(s):  
Ben Amoako-Adu ◽  
Vishaal Baulkaran ◽  
Brian F. Smith
2008 ◽  
Author(s):  
João Paulo Vieito ◽  
Antonio Melo Cerqueira ◽  
Elísio Brandão ◽  
Walayet A. Khan

1981 ◽  
Vol 14 (3) ◽  
pp. 487-518
Author(s):  
Gérald Bernier

The study of social classes in the nineteenth century requires the development of conceptual tools able to explain the impact of the Conquest on the pre-existant social structures in determining transformations of the class structure during the subsequent decades.This article examines the work done on this question by Marxist writers. The author criticizes certain conclusions which have been drawn and which suggest deficiencies at a theoretical level. The objections relate to the marked tendency of these conclusions to perceive the structural effects of the Conquest in terms of the formation of a double-class structure characterized by “ethnic origins.” Specifically, the author challenges the notion of the division itself, as well as the criterion on which the division is based.The author proposes that an analysis centred upon the concepts relating to a problem of the transition and linkage of different modes of production permits a more satisfying interpretation, if accompanied by a certain number of considerations of the “upside” and “downside” of the Conquest. To this end, the argument is based on a characterization of New France in terms of the domination of the relations of production of the feudal type and on an analysis of metropolitan centres with intent to evaluate their level of capitalist development at the moment of their respective colonial penetration in Canada. The results of this approach permit one to posit the existence of a single-class structure, characterized principally by the existence of elements connecting diverse modes and forms of production, whose origin reflects the unequal state of economic development in the two metropolitan centres.The empirical demonstration rests on the census data of 1851–1852 and on the complementary information drawn from the works of historians.


2019 ◽  
Vol 11 (21) ◽  
pp. 6132 ◽  
Author(s):  
Rubén Martínez-Alonso ◽  
María J. Martínez-Romero ◽  
Alfonso A. Rojo-Ramírez

The aim of this research is to explore the effect that innovation, as a potential source of sustained competitive advantage and firm growth, has on the achievement of sustainable economic performance. In particular, this paper empirically examines the influence of four innovation forms (intramural R&D, extramural R&D, product innovation, and process innovation) on firms’ sustainable economic performance, considering the moderating effect of family involvement in management. To test the hypotheses, random-effects regression analyses are applied to a longitudinal sample of 598 Spanish private manufacturing firms throughout the 2006–2015 period. The results show a negative effect of intramural and extramural R&D on sustainable economic performance and a positive effect of process innovation on sustainable economic performance. Moreover, a reinforced relationship between process innovation and sustainable economic performance is also revealed when family involvement in management acts as a moderator. The findings make several contributions to research and practice.


2019 ◽  
Vol 62 (1) ◽  
pp. 181-214
Author(s):  
Feng Gao ◽  
Ivy Xiying Zhang

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