Empirical studies have shown that state-owned enterprises (SOEs), and especially the compensation of topmanagers, are very relevant to the performance and sustainable provision of public services. Whereas there are numerous studies on the compensation of top-management of private sector...

Öffentliche Betriebe weisen einige Besonderheiten gegenüber privaten Betrieben auf. Dazu werden nach dem Zweck öffentlicher Betriebe und ihren unterschiedlichen Rechtsformen in Deutschland die betrieblichen Teilfunktionen Beschaffung, Produktion, Absatz, Personal, Finanzierung und...

Empirical studies show that state-owned enterprises (SOEs) are very important for society. The compensation of executive directors is crucial in the debate on effective, efficient and sustainable public service provision. Nevertheless, there are very few empirical studies in the international...

Estimates of cyclically-adjusted budget balances, correcting actual government budget balances for business cycle fluctuations, are produced by many institutions. This paper presents an alternative approach for the cyclical adjustment of budget balances. The approach is based on a disaggregated...