This paper examines how corporate governance reporting corresponds to actual conduct regarding severance payment caps for prematurely departing members of companies' executive boards in Germany. For this purpose, we first evaluate the declarations of conformity for all companies listed in the...

We examine how corporate governance reporting corresponds to actual conduct regarding severance payment caps for prematurely departing members of executive boards in Germany. Firstly, we evaluate the declarations of conformity for all companies listed in the CDAX between 2010 and 2014, which we...

This paper examines how corporate governance reporting corresponds to actual conduct regarding severance payment caps for prematurely departing members of companies' executive boards in Germany. For this purpose, we first evaluate the declarations of conformity for all companies listed in the...

Wir analysieren den Begriff der "Corporate Governance" und zeigen auf, daß erst die in jüngster Zeit entwickelten Modelle der Unternehmung eine fundierte ökonomische Diskussion der relativen Vorteilhaftigkeit alternativ denkbarer institutioneller Rahmenbedingungen der Unternehmensführung -...