This paper examines how direct involvement of employees in corporate governance affects executive compensation. German law mandates that half of the supervisory board seats belong to employee representatives in firms with over 2,000 domestic employees. For identification, we exploit this...

This study investigated CEO compensation system of Canada's top CEO compensation sectors, energy, metal, and mining. It tested the relationship between CEO cash compensation, firm size, accounting firm performance, and corporate governance in TSX/S&P index companies from 2005 to 2010. The...