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Toward a Family Science Perspective on Executive Compensation in Family Firms: A Review and Research Agenda
Family Business Review ( IF 9.9 ) Pub Date : 2021-12-27 , DOI: 10.1177/08944865211064410
Anneleen Michiels 1 , Isabel C. Botero 2 , Roland E. Kidwell 3
Affiliation  

In family firms, the family often plays a central role in the strategic decisions of the business. However, until recently, research has primarily focused on exploring the role that business factors play in firm decision-making, with less attention given to the role of the family system. This article reviews the research on executive compensation in family firms to understand whether and how the family system has been considered within this work. Guided by the application of family science theories, we provide a framework to explain why it is important to incorporate the family system in the future study of executive compensation in family firms. We conclude by discussing a research agenda outlining how elements of the family system can be integrated into future executive compensation research to inspire scholars to think differently about this important research topic.



中文翻译:

对家族企业高管薪酬的家族科学视角:回顾和研究议程

在家族企业中,家族通常在企业的战略决策中发挥核心作用。然而,直到最近,研究主要集中在探索商业因素在公司决策中所起的作用,而较少关注家庭系统的作用。本文回顾了对家族企业高管薪酬的研究,以了解家族制度是否以及如何在这项工作中得到考虑。在应用家族科学理论的指导下,我们提供了一个框架来解释为什么将家族制度纳入未来家族企业高管薪酬研究中的重要性。

更新日期:2021-12-27
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