Tröger, Tobias H.; Walz, Uwe - 2019
stock market index (DAX) for the years 2009-2017 in order to investigate the impact of the 2009 say on pay legislation. The … remuneration is decreased if shareholder support for compensation schemes is low in say on pay-votes finds only weak support, if … any at all. However, we find that the supervisory board is responsive to say on pay-votes when it comes to the design of …