Founder-CEOs Compensation and R&D investment post-IPO
Haythem Sendi
Broschiertes Buch

Founder-CEOs Compensation and R&D investment post-IPO

The Case of French Listed Firms

Versandkostenfrei!
Versandfertig in 6-10 Tagen
36,99 €
inkl. MwSt.
PAYBACK Punkte
18 °P sammeln!
Draws on agency theory and stewardship theory, this study examines the behavior of founder-CEOs post-initial public offering (IPO) stage in terms of compensation, R&D investment, and financial performance. The results obtained from a sample of 132 firm-year observations in the French market shows that there is no difference in compensation between founder-CEOs and non-founder-CEOs. Founder Managed firms tend to invest more in R&D post-IPO. The study finds that there is no difference in financial performance between founder-managed firms and professional manager. Keywords: Founder-CEO, Executiv...