Artikel
Compensation and Transparency of Compensation of Management Boards in Germany
Compensation and Transparency of Compensation of Management Boards in Germany The transparency of compensation of the members of the management board has become a central element of the German corporate governance system. We perform an empirical examination with respect to the structure of the compensation of the management board of DAX-30 companies. Some companies show a strong differentiation among the compensation of their board members while others do not. Furthermore, the proportion of fixed to overall compensation varies between companies. We identify those company as well as person specific variables that explain individual compensation levels. Additionally, we check which factors influence the change in compensation. Thereby, we test whether a bidding-up effect is present as suggested by some theoretical considerations. Nevertheless, the empirical results show that we are unable to detect a bidding-up effect. (JEL J33, M12, M52, O16)
- Sprache
-
Englisch
- Erschienen in
-
Journal: Kredit und Kapital ; ISSN: 1865-5734 ; Volume: 42 ; Year: 2009 ; Issue: 3 ; Pages: 435-461
- Klassifikation
-
Wirtschaft
Compensation Packages; Payment Methods
Personnel Management; Executives; Executive Compensation
Personnel Economics: Compensation and Compensation Methods and Their Effects
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Stadtmann, Georg
- Ereignis
-
Veröffentlichung
- (wer)
-
Duncker & Humblot
- (wo)
-
Berlin
- (wann)
-
2009
- DOI
-
doi:10.3790/kuk.42.3.435
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Stadtmann, Georg
- Duncker & Humblot
Entstanden
- 2009
Ähnliche Objekte (12)
Borders in Motion: An application related to the video game Animal Crossing: New Horizons
What Drives Heterogeneity in Foreign Exchange Rate Expectations : Deep Insights from a New Survey
Animal Crossing: New Horizons meets ‘Maslow’s pyramid’
B|Orders in Motion in the Video Game Industry: An analysis based on Animal Crossing: New Horizon
The behaviour of noise traders: empirical evidence on purchases of business magazines
The effectiveness of the interventions of the Swiss National Bank: an event-study analysis
Who put the holes in the Swiss cheese? Currency crisis under appreciation pressure
Biases in FX-Forecasts: Evidence from Panel Data
The Swiss National Bank’s fear of float
Capital Controls, Exchange Rate Volatility, and the Risk Premium
Nonlinear Expectations in Speculative Markets
What Drives Heterogeneity in Foreign Exchange Rate Expectations: Deep Insights from a New Survey
Borders in Motion: An application related to the video game Animal Crossing: New Horizons
What Drives Heterogeneity in Foreign Exchange Rate Expectations : Deep Insights from a New Survey
Animal Crossing: New Horizons meets ‘Maslow’s pyramid’
B|Orders in Motion in the Video Game Industry: An analysis based on Animal Crossing: New Horizon
The behaviour of noise traders: empirical evidence on purchases of business magazines
The effectiveness of the interventions of the Swiss National Bank: an event-study analysis
Who put the holes in the Swiss cheese? Currency crisis under appreciation pressure
Biases in FX-Forecasts: Evidence from Panel Data
The Swiss National Bank’s fear of float
Capital Controls, Exchange Rate Volatility, and the Risk Premium
Nonlinear Expectations in Speculative Markets
What Drives Heterogeneity in Foreign Exchange Rate Expectations: Deep Insights from a New Survey
Borders in Motion: An application related to the video game Animal Crossing: New Horizons
What Drives Heterogeneity in Foreign Exchange Rate Expectations : Deep Insights from a New Survey
Animal Crossing: New Horizons meets ‘Maslow’s pyramid’
B|Orders in Motion in the Video Game Industry: An analysis based on Animal Crossing: New Horizon
The behaviour of noise traders: empirical evidence on purchases of business magazines
The effectiveness of the interventions of the Swiss National Bank: an event-study analysis
Who put the holes in the Swiss cheese? Currency crisis under appreciation pressure
Biases in FX-Forecasts: Evidence from Panel Data
The Swiss National Bank’s fear of float
Capital Controls, Exchange Rate Volatility, and the Risk Premium
Nonlinear Expectations in Speculative Markets