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Persistent link: https://www.econbiz.de/10008647745
recipients are responsible for low wages or even unemployment of many. Based on demoscopic data from Germany, this article shows … constitution (unlike the US Lochner jurisprudence) in principle protects economic freedom of managers, firms and stockowners. While …
Persistent link: https://www.econbiz.de/10010266955
a lack of solidarity in society, especially if recipients are responsible for low wages or even unemployment of many …. Based on demoscopic data from Germany, this article shows that generalised trust in capitalism has indeed severely suffered … principle protects economic freedom of managers, firms and stockowners. While it cannot offer a strict proof that manager income …
Persistent link: https://www.econbiz.de/10014201428
a lack of solidarity in society, especially if recipients are responsible for low wages or even unemployment of many …. Based on demoscopic data from Germany, this article shows that generalised trust in capitalism has indeed severely suffered … principle protects economic freedom of managers, firms and stockowners. While it cannot offer a strict proof that manager income …
Persistent link: https://www.econbiz.de/10008567937
Using hand-collected data on chief executive officer (CEO) non-compete agreements (NCAs), we find that NCAs are less likely when CEOs expect to incur greater personal costs from reduced job mobility and more likely when firms expect to suffer greater economic harm if departing CEOs work for...
Persistent link: https://www.econbiz.de/10012852395
The competitive target pay policy sets a target amount of total compensation within a specified range of the amount paid to executive peers. If such a policy were widely adopted by compensation committees, we would observe a negative cross-sectional association between the stock price...
Persistent link: https://www.econbiz.de/10013403344
The competitive target pay policy sets a target dollar number for total CEO compensation within a specified range of the amounts paid to a CEO’s peers chosen from similar sized firms in the same industry. If such a policy were widely adopted by compensation committees, we would observe a...
Persistent link: https://www.econbiz.de/10014351180
Conference in June 2009, considers the impact of the global financial crisis on the regulation of executive pay in a range of … legitimacy problem." Although opinion is divided about the extent to which executive remuneration practices actually contributed … jurisdictions, identifying common themes and differences in approach, and considering their implications for future regulation of …
Persistent link: https://www.econbiz.de/10012857590
Using hand-collected data on CEO non-compete agreements (NCAs), we find that CEOs are less likely to have NCAs when they face greater employment risk and more likely when firms expect to suffer greater harm if departing CEOs work with competitors in some capacity. Additionally, we find that the...
Persistent link: https://www.econbiz.de/10012917941
This is a summarized and abridged version of some of the arguments made in the report “OpenTradeCloud: Regulating the Next Generation of the National Market System” [Summary Report], that is part of my doctorate research at Columbia Law School. It is still very rough and preliminary, and it...
Persistent link: https://www.econbiz.de/10013038883