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Family Ties and Organizational Design: Evidence from Chinese Private Firms.

Abstract:

Analyzing data from a unique survey of managers of Chinese private …rms, we investigate how family ties with …rm heads a¤ect managerial compensation and job assignment. We …nd that family managers earn higher salaries and receive more bonuses, hold higher positions, and are given more decision rights and job responsibilities than non-family managers in the same …rm. However, family managers face weaker incentives than professional managers as seen in the lower sensitivity of their bonuses to ...

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Publisher:
CEPR
Series:
CEPR Discussion Papers
Publication date:
2010-06-01
Language:
English
UUID:
uuid:f6d0b940-7643-4584-b25a-8a4832611214
Local pid:
oai:economics.ouls.ox.ac.uk:15038
Deposit date:
2011-08-16

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