Formal compensation practices in family SMEs

By investigating the use of formal compensation practices in family small- and medium-sized enterprises (SMEs), the purpose of this paper is to provide important new insights in these issues for academics, as well as family business practitioners, prospective applicants and financiers of family businesses. Moreover, this study includes a contingency that allows to explore heterogeneity across family businesses in their use of formal compensation practices: the CEO type.

Publication year:2017

Keywords:SME, Belgium, family firm, formal compensation practices, professionalization

BOF-keylabel:yes

Accessibility:Open