Cromwell, Erich; Goerg, Sebastian J.; Ziółkowska, Monika - 2018
In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the … impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S and (3 … potential endogeneity problems. It turns out that foreign competition leads to an increase of average per capita executive …