Showing 1 - 10 of 1,162
Despite its lack of attractiveness to other countries, the German system of quasi-parity codetermination at company level has held up remarkably well. We recount the theoretical arguments for and against codetermination and survey the empirical evidence on the effects of the institution, tracing...
Persistent link: https://www.econbiz.de/10010269284
, especially in societies with highly skewed distribution of ownership. We however argue that the success of CG reform would, in …
Persistent link: https://www.econbiz.de/10010282468
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypotheses in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …
Persistent link: https://www.econbiz.de/10010282632
As a consequence of the rapid growth of temporary agency employment in Germany, the debate on the poor working …
Persistent link: https://www.econbiz.de/10010268722
The so-called Hartz reform has introduced fundamental changes for publicly sponsored training in Germany. This concerns … most important type of training programs before and after the reform by using administrative data of the Federal Employment … training programs had a positive impact on employment prospects already before the reform. Results for the relative short …
Persistent link: https://www.econbiz.de/10010267757
Germany has always been one of the prime examples of institutional complementarities between social insurance, a rather … moderation and working time flexibility. While at the outset of this reform sequence German had a small, but relatively …
Persistent link: https://www.econbiz.de/10010268995
Erwerbstätigkeit und Familiengründung zu einer echten Entweder-oder-Entscheidung. In Deutschland und vielen anderen OECD-Ländern wurden … Jahre kohärent ausgestaltet waren und die Vereinbarkeit von Familie und Beruf verbessert haben. Beim Blick auf Deutschland … dem zum Teil entgegen. Insgesamt befindet sich Deutschland in einer durchaus widersprüchlichen Übergangssituation. …
Persistent link: https://www.econbiz.de/10010269615
The role of government shareholding in corporate performance is central to an understanding of China?s newly privatized large firms. In this paper, we analyze shareholders as agents that can both harm and benefit companies. We examine the ownership structure of 826 listed corporations and find...
Persistent link: https://www.econbiz.de/10010262209
the nature of Chaebols in Korea and the current corporate governance reform efforts in Korea that are aimed mostly at …
Persistent link: https://www.econbiz.de/10010267324
This paper provides empirical evidence consistent with the facts that (1) social networks may strongly affect board composition and (2) social networks may be detrimental to corporate governance. Our empirical investigation relies on a unique dataset on executives and outside directors of...
Persistent link: https://www.econbiz.de/10010267612