This article is about an appeal board recently set up by the European Union to hear appeals in respect of decisions of the three new European Supervisory Authorities. This is the first time that such a body has been established at the European level in the field of financial regulation, and...

In this paper, I examine the compensation contracts of German shareholder and employee representatives as well as the role of co-determined supervisory boards and the impact on earnings management. The supervisory board participates in the firm's decision-making, but also has the key fiduciary...