contributed to the rise in executive pay in Germany. Lastly, we show that CEOs in the banking sector are provided with incentives …The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypotheses in …

incentives have the potential to curtail the role of these factors in favor of performance – in particular when the incentive … the effects of such team incentives on task assignment and performance. We introduce team incentives in a random subsets …

interest in increasing incentive-based compensation to avoid management's excessive risk taking and short-run oriented …

levels and rather for management jobs than for jobs in research and development. This is true for the whole chemical sector …

We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker … should be given weak financial incentives. In a multiple-agent setting, this problem can be resolved using promotion … incentives. We empirically examine these predictions using data from the German Socio-Economic Panel. We find that workers who …

' Human Resource Management as well as for economics in general and labor economics in particular. This paper provides scarce … bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …