Showing 1 - 10 of 292
In order to better differentiate the drivers of corporations' actions, in particular shareholder wealth and stakeholder …
Persistent link: https://www.econbiz.de/10011564889
Performance pay, at least as usually understand, is no good idea for non-executive directors. They have to supervise and control or in some situations even to fire and replace the executive managers. This means that their performance as supervisors is totally different from the performance of...
Persistent link: https://www.econbiz.de/10009628050
In der vorliegenden Arbeit wird eine modelltheoretische Untersuchung der verschärften sogenannten Herabsetzungsmöglichkeit von Vorstandsbezügen nach dem VorstAG anhand der Turniertheorie vorgenommen. Hierzu wird ein Modell entwickelt, um mögliche ökonomische Auswirkungen der Verminderung...
Persistent link: https://www.econbiz.de/10009304281
are also found between firm size and job satisfaction. -- corporate social responsibility ; stakeholder view ; employee …
Persistent link: https://www.econbiz.de/10009315293
The wage policy of a German and a U.S. firm is comparatively analysed with a focus on the relation between wages and hierarchies. While prior studies examine only one particular firm, in this paper two plants of the same owners with similar production processes in different institutional...
Persistent link: https://www.econbiz.de/10011414006
The vast majority of the pay inequality in an organization comes from differences in pay between employees and their bosses. But are employees aware of these pay disparities? Are employees demotivated by this inequality? To address these questions, we conducted a field experiment with a sample...
Persistent link: https://www.econbiz.de/10012013277
We study effects of a firm's attempt to optimize an existing incentive scheme to increase sales growth for direct store delivery workers. Before optimization workers reported Ratchet Effects that lowered productivity. The altered incentive plan offered higher compensation for increased sales...
Persistent link: https://www.econbiz.de/10009422194
We document three new facts about gender differences in executive compensation. First, female executives receive a lower share of incentive pay in total compensation relative to males. This difference accounts for 93 percent of the gender gap in total pay. Second, the compensation of female...
Persistent link: https://www.econbiz.de/10010500689
This study examines how globalization of corporate governance practices influence the risk of European CEOs being dismissed. We argue that the harsh monitoring of the American corporate governance system spills over to the rest of the world as a result of this globalization. We focus on direct...
Persistent link: https://www.econbiz.de/10003932526
traditionally includes social standards. Our results show that a stakeholder provision, as found in both Germany and the US, cannot … overcome material incentives. However, even absent incentives the stakeholder norm does not foster other regarding behavior but … enterprise legislation and the stakeholder debate. -- experiment ; stakeholder value ; social enterprise ; benefit corporation …
Persistent link: https://www.econbiz.de/10009706164