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Executive compensation regulation and the dynamics of the pay-performance sensitivity
Sabiwalsky, Ralf - 2010
A substantial number of empirical studies on the linear relationship between executive compensation and firm performance for European firms suggest that the pay-performance sensitivity is not significantly positive. We argue that a nonlinear structure fits the data better, because compensation...
Persistent link: https://www.econbiz.de/10010281498
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Challenges in Securities Markets Regulation: Investor Protection and Corporate Governance
Tucker, Paul; Haliassos, Michael; Kockelkoren, Theodor; … - 2015
in Securities Markets Regulation: Investor Protection and Corporate Governance. The conference was part of the activities …
Persistent link: https://www.econbiz.de/10011689966
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Prävention und Menschenwürde - oder: Kants Instrumentalisierungsverbot und die ökonomische Theorie der Strafe
Schmidtchen, Dieter - 2002
In diesem Beitrag wird gezeigt, daß der Einwand, Straftäter würden in der ökonomischen konsequentialistischen Straftheorie in einer gegen die Menschenwürde verstoßenden Weise instrumentalisiert, nicht zutrifft. Entgegen Kant wird argumentiert, daß vernunftbegabte Wesen wie etwa der homo...
Persistent link: https://www.econbiz.de/10010296977
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Intended and unintended consequences of mandatory IFRS adoption: A review of extant evidence and suggestions for future research
Brüggemann, Ulf; Hitz, Jörg-Markus; Sellhorn, Thorsten - 2012
understanding of these effects. Based on the explicitly stated objectives of the EU's so-called 'IAS Regulation', we distinguish … the effectiveness of the IAS Regulation. We provide specific guidance for future research in this field. …
Persistent link: https://www.econbiz.de/10010281486
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Explaining constitutional change: The case of judicial independence
Hayo, Bernd; Voigt, Stefan - 2012
This paper studies the factors driving changes in judicial independence (JI) as incorporated in constitutions. Two indicators of constitutionally safeguarded JI are constructed. Variations in these indicators are identified based on changes in the constitutions of as many as 100 countries that...
Persistent link: https://www.econbiz.de/10010294365
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Bundesrepublik Erde: Grundrechte und Grundgesetz für die ganze Welt
Dilger, Alexander - 2015
geschützten Menschenrechten und höherer Wohlfahrt als die gegenwärtige Welt. Der Beitrag folgt dem Aufbau des Grundgesetzes unter …This paper looks at the counterfactual scenario that the whole world is a global federal republic guided by the example … of the world, of course. Nevertheless, such a global federal republic would probably be more peaceful with better …
Persistent link: https://www.econbiz.de/10011304526
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The Economic Effects of Human Rights
Blume, Lorenz; Voigt, Stefan - 2004
Economists are often skeptical concerning the economic effects of various forms of human rights: it has been argued that basic human rights can make the legal system less efficient but also that extensive social rights are incompatible with market economies. It is argued here that basic human...
Persistent link: https://www.econbiz.de/10010263275
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Determinants of constitutional change: Why do countries change their form of governments?
Hayo, Bernd; Voigt, Stefan - 2010
A country's form of government has important economic and political consequences, but the determinants that lead countries to choose either parliamentary or presidential systems are largely unexplored. This paper studies this choice by analyzing the factors that make countries switch from...
Persistent link: https://www.econbiz.de/10010270500
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Globalization, economic freedom and human rights
Dreher, Axel; Gassebner, Martin; Siemers, Lars-H. R. - 2010
Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization and economic liberalization affect governments' respect for human rights using a panel of 106 countries over the 1981-2004 period. According to our results, physical integrity...
Persistent link: https://www.econbiz.de/10010274933
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Globalization, economic freedom and human rights
Dreher, Axel; Gassebner, Martin; Siemers, Lars-H. R. - 2010
Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization and economic liberalization affect governments´ respect for human rights using a panel of 106 countries over the 1981-2004 period. According to our results, physical integrity...
Persistent link: https://www.econbiz.de/10010311692