Srbek, Pavel; Dittrich, Ludwig O. - In: Danube : law and economics review 7 (2016) 3, pp. 145-160
This paper provides a brief review of the state of knowledge in the field of agency theory. The managerial power approach assumes that a chief executive officer is able to affect the scale of his or her pay. However, Kaplan (2012) and others see a different picture of the corporate-governance...
