negative shock to globalization on executive compensation for German companies listed in the DAX and MDAX stock indices. We … compensation in firms operating in sectors that export services was negatively affected, in particular through lower variable … compensation. On the contrary, executives of firms that operate in sectors exporting goods were not negatively affected overall …

impact of tax policy changes on pay without performance. Using data on executive compensation in the United States, I compare … the sensitivity of executive compensation to performance shocks beyond the executives control before and after a change in …, state tax hikes increase the sensitivity of executive compensation to performance shocks exogenous to executive effort …

In the context of differentiated governance and the deepening market-oriented reform of compensation in China, we … of differentiated governance for executive compensation. We report four main findings. First, executive compensation … levels, compensation gaps and equity incentives increase as government control decreases, indicating the emergence of …