Determinants of share-based compensation plans in Central and Eastern European public companies: An institutional analysis
This paper discusses the adoption of share-based compensation plans among Central and Eastern European (CEE) public companies composing major national stock exchange indices in Poland (WIG 20), the Czech Republic (PX) and Hungary (BUX). The analysis shows that the spread of such pay practices depends on the characteristics of major shareholders of the company, the state and foreign parent companies being the most prominent influencing factors. The results are discussed in the light of the legal environment in respective countries.
Year of publication: |
2011
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Authors: | Festing, Marion ; Sahakiants, Ihar |
Published in: |
Journal for East European Management Studies. - Rainer Hampp Verlag, ISSN 1862-0019. - Vol. 16.2011, 4, p. 338-357
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Publisher: |
Rainer Hampp Verlag |
Subject: | Central and Eastern Europe | CEO Compensation | Comparative HRM | Institutional Environment | Ownership/Control Structures |
Saved in:
Online Resource
Extent: | text/html |
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Type of publication: | Article |
Classification: | J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; J30 - Wages, Compensation, and Labor Costs. General ; M50 - Personnel Economics. General ; M54 - Labor Management (team formation, worker empowerment, job design, tasks and authority, job satisfaction) ; P20 - Socialist Systems and Transitional Economies. General ; P31 - Socialist Enterprises and Their Transitions |
Source: |
Persistent link: https://www.econbiz.de/10010614195