impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S and (3 … compensation in both countries. The impact of foreign competition on payperformance sensitivity differs between the US and Germany …In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the …

debate on potentially negative impacts of cost-increasing energy policies on international competitiveness. We use firm …-level data from three countries with similar industry structure but different energy policies: Germany, Switzerland, and Austria …