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This study provides new stylized facts on the determinants of corporate failure and acquisition in Germany. It also …
Persistent link: https://www.econbiz.de/10011446202
This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …, some of the recommendations and suggestions made to improve corporate governance in Germany are not legally binding even …
Persistent link: https://www.econbiz.de/10003919056
-Taylor approach to estimate the effect of codetermination on the compensation design. Finally, codetermination has a significantly …
Persistent link: https://www.econbiz.de/10011308423
Der vorliegende Aufsatz untersucht den Einfluss von Aufsichtsratsvernetzungen auf die Entwicklung der Vorstandsbezüge von DAX-Unternehmen. Die kombinierte Anwendung von Methoden der sozialen Netzwerkanalyse und der Panelökonometrie erleichtert die Erfassung der Struktur der...
Persistent link: https://www.econbiz.de/10003721825
Ownership structures are an important element of the theory explaining corporate governance. This study presents detailed descriptive evidence on the ownership structures of German manufacturing firms. It addresses several shortcomings of the previous German empirical literature: First, we study...
Persistent link: https://www.econbiz.de/10011443468
econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 … Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. …
Persistent link: https://www.econbiz.de/10011443499
creditors play an active role in disciplining. Block purchases have a monitoring role in Belgium and Germany, but not in France …
Persistent link: https://www.econbiz.de/10011446114
Germany. The innovation of our research is that we do not just compare average male and female wages (of specific groups of … than the average overall GWG. Furthermore, we can show that firms with formalized co-determination (works council) and …
Persistent link: https://www.econbiz.de/10003314702
codetermination because it reduces the utility they gain from being the ultimate bosses within the establishment. …
Persistent link: https://www.econbiz.de/10010194499
Codetermination can be regarded as an extreme regulatory intervention of the legislator in the labor market which might … German data and includes years before and after the extension of German codetermination law in 1976. The estimates determine … the productivity of labor and relative bargaining power of capital and labor. It turns out that codetermination does not …
Persistent link: https://www.econbiz.de/10011738981