While in the US stock-based incentives are commonly used since the 50s of the last century, in Germany they were …-based long-term incentives account for less that 23% of the overall compensation to members of the management board. Our …. -- Executive compensation ; incentives ; corporate governance ; Germany …

-performance sensitivity). Our findings are consistent with theoretical predictions that outside owners approve of equity incentives as a means …-based incentives are related to voting outcomes and that shareholders incorporate CFO incentives into their votes. Collectively, these … results provide evidence of the importance of equity-based incentives from the perspective of those most concerned with firm …

decreasing firm risk. The mechanisms that transmit incentives to decisions and decisions to risk appear to be more conservative … investment and financial policies and preemptive management of ESG, legal, and cyberattack risks. The stock market reaction to …

While in the US stock-based incentives are commonly used since the 50s of the last century, in Germany they were …-based long-term incentives account for less that 23% of the overall compensation to members of the management board. Our … incentives. In the meantime the legal environment has changed significantly and today even the German Corporate Governance Code …

the total contractual incentives provided to their CEOs. Better monitored firms tend to have higher proportions of … incentives and total pay level. The findings support the view that monitoring and contractual incentives are substitutes, rather …

and bondholder-aligned CEO compensation components, particularly when CEOs have greater incentives to take and shift risk …