BOARD OF DIRECTORS' CHARACTERISTICS AND BOARD COMPENSATION MODERATED BY FAMILY CONTROL

被引:0
|
作者
Bamahros, Hasan Mohammed [1 ,2 ]
Grada, Mohieddin Salem [1 ]
Alquhaif, Abdulsalam Saad [1 ,3 ]
Qasem, Ameen [1 ,4 ]
机构
[1] Univ Hail, Dept Accounting, Coll Business Adm, Hail, Saudi Arabia
[2] Univ Aden, Fac Adm Sci, Dept Accounting, Aden, Yemen
[3] Ibb Univ, Accounting Dept, Ibb, Yemen
[4] Taiz Univ, Accounting Dept, Taizi, Yemen
关键词
Board of Directors Characteristics; Board Compensation and Family Control; CORPORATE GOVERNANCE; FIRM; OWNERSHIP;
D O I
10.5958/2321-2012.2022.00012.4
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This study used a dataset of 219 listed firm years on the Tadawul Stock Exchange in 20182020, to examine how family ownership concentration, proxied by the family board shareholding, board composition and firm attributes, impact board compensation in Saudi Arabia. The research proves that the family board does not demand excessive director compensation, from minority shareholders, by expropriating them. However, it was interesting to note that this current work offers are in line with entrenchment effect theory, as it documents that family control (family with higher share proportion) calls for a high director compensation. The finding of the research implies that ownership concentration in the family board entrenches the level of the board compensation.
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页数:10
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