, internal control, reporting and management compensation, linking that compensation specifically to a company's cost of capital …

, we show that (i) dividend yield and dividend payout ratio are significantly lower when manager compensation relies more …

both type of incentive pay and position. Our findings have important policy implications and suggest that compensation …

deviation rates, and analyse reasons for deviation. In a further full survey, we assess the compensation amounts of all …

experience − affect CEO compensation packages with respect to the levels of total and fixed compensation and the variable … proportion of the compensation package. We use evidence from Germany as it is considered a prototype of a two-tier board system …-psychological aspects of the above-mentioned relationship and emphasize the mechanisms in the process leading to the final compensation …

Executive compensation serves as a metric by which investors measure the quality of a firm's governance. In this paper …, I explore how the signaling role of executive compensation impacts the compensation decisions of boards. I show that …

and monitoring, and higher firm valuation. Using a panel of about 11,500 firm-years with a unique, hand-collected dataset …

they could have substantially corrected by using their self-chosen compensation-benchmarking peers. The selection of noisy …