While in the US stock-based incentives are commonly used since the 50s of the last century, in Germany they were …-based long-term incentives account for less that 23% of the overall compensation to members of the management board. Our …

with a finite decision. This paper suggests that this agonistic approach needs de-cisions or simply put, temporary … decisions drawn from seeing a decision as a solution for now. A de-cision is not a no-decision, but a decision recognised as … planning process from being a matter of reaching a finite decision to a strife about how to understand the present and which …

real questions for companies, generate a strategic thinking and make compulsory the appearance of an efficient management … control. Generally, the scientific papers concerning the concept of management control deal with the production companies more … management control has to assure the coherence between the adopted strategy (where the company in the trade domain wants to go …

Die Aktiengesellschaft ist eine Gesellschaft mit eigener Rechtspersönlichkeit, deren Grundkapital in Aktien zerlegt ist … ist daher verständlich, dass die Gesellschafter eines personalistischen Unternehmens der Rechtsform der Aktiengesellschaft … interessant sein, sich für die Rechtsform der Aktiengesellschaft zu entscheiden. Im Folgenden sind zunächst die Begriffe des …

shareholder participation increases if the management proposes a dividend cut. Finally, shareholder participation is lower in …

accounting, investor relations, variable top-management compensation and the implementation of profitability goals makes it …, secondly, by internal developments - changing management careers, increasing management compensation and reduced monitoring by …. Conflicts over shareholder orientation result in changing coalitions between shareholders, management, and employees …

= -1 to t = 0). In addition, we find that the wealth effects of PE investor involvement in Germany are positively related … the management or a monitoring effect of the largest shareholder through which private benefits of control are reduced. …