Vor dem Hintergrund der Aussage, dass für Arbeitnehmer Geld, Spaß UND Vision wichtig sind, wird in diesem Vortrag zunächst die provokante Frage "wie attraktiv sind Sie?" gestellt. Darauf aufbauend wird die Unternehmenskultur der Lion Bioscience AG beschrieben, die der Autor mit "Silicon...

Die Personalberatung Futurestep untersuchte die Vergütung von Führungskräften aus 200 Internetfirmen. Das Gehaltsniveau der CEOs, COOs und CFOs ist in Großbritannien etwa doppelt so hoch wie in Deutschland.

Die Kassenärztlichen Vereinigungen streben mit ihren Reformen insbesondere eine Stabilisierung des Punktwertes an. Die Interessen der Patienten werden bei den Reformüberlegungen bisher weitgehend vernachlässigt. Dies bedingt die Unterrepräsentation der sprechenden Medizin, die geringe...

This paper deals with the relationship between management quality, firm size, and managerial compensation.

The relationship between executive pay and corporate financial performance continues to attract wide academic, media and policy attention. The very high salaries enjoyed by senior executives in corporations in the US are often contrasted with the relatively low pay received by executives in...

We study changes in the design of CEO contracts when firms transition from being public with dispersedshareholders to having strong principals in the form of private equity sponsors. These principals redesignsome, but far from all, contract characteristics. There is no evidence that they reduce...

This paper examines the effect of using different option valuation models to calculatethe fair market value of Executive Stock Options (ESOs) granted to executivedirectors of UK firms. Our key objective is to demonstrate empirically that somecompanies will have greater incentive and benefit from...

We value UK executive stock options (ESOs) as American options that areawarded conditional on the probability of the holders achieving some performancecriteria. Unlike the standard Black and Scholes (BS) model, which is universally usedboth in the literature and practice, this provides a more...

Empirical and experimental papers nd that high-powered incentives may re-duce performance rather than improve it; a phenomenon referred to as "chokingunder pressure". We show that competition for high ability workers neverthelessleads rms to oer high bonus payments, thereby deliberately...

In this paper we use microdata on employment and earnings from avariety of industrialised countries to investigate the family gap in pay –the differential in hourly wages between women with children andwomen without children. We present results from seven countries:Australia, Canada, the...