United States, executives and individuals working in the financial and business services sectors are the two most important …

We empirically test whether executives' increases in base salary when promoted to CEO result from the wage bids of …-based tournament theory to allow executives to choose the luck variance reveals that executives infuse their tournaments with a high …

cash compensation (salary and bonus) for top executives with respect to shareholder value in China. In addition, sales … growth is shown to be significantly linked to executive compensation and that Chinese executives are penalized for making … managers and thus possibly making China's listed firms less effective in solving the agency problem. As such, ownership …

relationship between private benefits of control and CEO ownership with a minimum at about 4% CEO ownership, a positive association … between CEO tenure and private benefits, and a quadratic in CEO age with a dip in private benefits at about 52 years of age …-sized (about 9-10 directors) boards. We find no gender effects on private benefits of control. -- CEO ; corporate board ; private …

extent to which managers' compensation was affected by the economic crisis and the extent to which it increased afterwards … perspective. We also examine that certain parts of managers seem to have more power to influence their compensation than others …. Inequality in managers' compensation decreased during the crisis. …

executive’s internal career. Our data show that bonus payments are mostly prevalent among senior executives at higher hierarchy …

work for. We reject, however, the efficient pay hypothesis as CEO pay and the demand for managers increases in Germany in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they … difficult times when the typical firm size shrinks. We find further that domestic and global competition for managers has …