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In dieser Arbeit untersuchen wir Höhe und Struktur der Vergütung von Fondsmanagern und erklären diese durch Eigenschaften des Arbeitnehmers, des Arbeitgebers und des Arbeitsplatzes. Insgesamt verdienen deutsche Fondsmanager weniger als ihre merikanischen Kollegen. Die Vergütungshöhe hängt...
Persistent link: https://www.econbiz.de/10008666527
We investigate the impact of social networks on earnings using a dataset of over 20,000 senior executives of European … estimates reflect the causal impact of connections and not merely unobserved individual characteristics. Networks are more … less likely to give them access to influential networks than are firms that do the same for the most talented men. …
Persistent link: https://www.econbiz.de/10011436060
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) the effect of SoP on executive compensation. Our data reveals that in the first four years of the voluntary say on pay …, abnormal executive compensation and free float of shares. Indeed, smaller firms with concentrated ownership do not only have a … lower propensity for a SoPV, but also show a higher propensity to opt for only limited disclosure of executive compensation …
Persistent link: https://www.econbiz.de/10010530578
extent to which managers' compensation was affected by the economic crisis and the extent to which it increased afterwards … perspective. We also examine that certain parts of managers seem to have more power to influence their compensation than others …. Inequality in managers' compensation decreased during the crisis. …
Persistent link: https://www.econbiz.de/10009754706
We analyze a hand-collected dataset of 1669 executive compensation packages at 34 firms included in the main German …. First, we observe that the compensation packages of management board members of Germany's DAX30-firms are closely linked to … no significant effect on compensation, which can be read as support of the view that managerial self-serving by usurping …
Persistent link: https://www.econbiz.de/10011539853
the public debate about executive compensation gained momentum. A common criticism was and still is the lack of horizontal … comparability in executive compensation and the low diversity in board of executives. However, so far there is little more than … anecdotic evidence about the structure and size of compensation packages among executives in Europe. Using a unique, hand …
Persistent link: https://www.econbiz.de/10013128714
We document three current trends in the compensation of non-executive directors in Germany. First, firms increasingly …
Persistent link: https://www.econbiz.de/10013098535
-based compensation. Drawing on agency theory arguments and previous literature, we analyze a comprehensive group of determinants …, we find director compensation to be set in ways consistent with optimal contracting theory. i.e., compensation is … investigates the influencing factors of both director compensation levels and structure, i.e. the probability of performance …
Persistent link: https://www.econbiz.de/10013150654