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Export Reference (APA) 
Pereira, I. N. & Esperança, J. P. (2008). Top executive compensation in Portuguese family firms. Corporate Ownership And Control. 5 (4), 104-111
Export Reference (IEEE) 
I. N. Pereira and J. P. Esperança,  "Top executive compensation in Portuguese family firms", in Corporate Ownership And Control, vol. 5, no. 4, pp. 104-111, 2008
Export BibTeX 
@article{pereira2008_1766304590866,
	author = "Pereira, I. N. and Esperança, J. P.",
	title = "Top executive compensation in Portuguese family firms",
	journal = "Corporate Ownership And Control",
	year = "2008",
	volume = "5",
	number = "4",
	doi = "10.22495/cocv5i4p9",
	pages = "104-111",
	url = "https://www.virtusinterpress.org/"
}
Export RIS 
TY  - JOUR
TI  - Top executive compensation in Portuguese family firms
T2  - Corporate Ownership And Control
VL  - 5
IS  - 4
AU  - Pereira, I. N.
AU  - Esperança, J. P.
PY  - 2008
SP  - 104-111
SN  - 1727-9232
DO  - 10.22495/cocv5i4p9
UR  - https://www.virtusinterpress.org/
AB  - Performance based compensation is considered a decisive tool in the co-alignment of interest between owners and managers. The solution to agency problems in public corporations hinges critically on the use of variable compensation mechanisms. Empirical analysis of this phenomenon is exiguous and the background theory has been suffering developments, like the introduction of family firm agency problems. This study confirms the larger use of variable compensation by public firms but shows that the potential for using variable compensation in second or third generation family firms is particularly high due to higher potential form conflict emergence between the different stakeholders. The framework used in this paper has the potential to encompass a wide range of phenomena where conflict can emerge and incentives can be used to co-align interests between the different transacting parties.
ER  -