Industrial Compensation Gap, Family Ownership, and Risk Preferences

DOI

10.2991/icbmr-17.2017.4How to use a DOI?

Keywords

Industrial Compensation Gap, Family Ownership, Risk Preferences

Abstract

This study aimed to provide empirical evidence about the effect of industry's gap compensation and family firm on risk preferences. This research observed 1282 data from 299 companies sample from Indonesia Stock exchange (BEI) over 2011-2015. The results show that industry's gap compensation and family firm has negative effect on risk preferences. Empirical results not show that family firm weakens negative relationship between industry's gap compensation and risk preferences. Implication of this research is the importance of standard amount of compensation to directors based on task and responsibility that is given to them. It will prevent opportunistic behavior of directors in risk-taking policies.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Muhammad Ridha Jihad
AU  - Vera Diyanty
PY  - 2017/11
DA  - 2017/11
TI  - Industrial Compensation Gap, Family Ownership, and Risk Preferences
BT  - Proceedings of the International Conference on Business and Management Research (ICBMR 2017)
PB  - Atlantis Press
SP  - 38
EP  - 51
SN  - 2352-5428
UR  - https://doi.org/10.2991/icbmr-17.2017.4
DO  - 10.2991/icbmr-17.2017.4
ID  - Jihad2017/11
ER  -