Remuneration of Executives in German Prime Standard Firms - Empirical Evidence (Verguetung von Vorstandsorganen deutscher Aktiengesellschaften: Ergebnisse einer Analyse der deutschen Prime Standard Unternehmen)
Zeitschrift für Corporate Governance, Vol. 2, pp. 901-905, 2009
8 Pages Posted: 6 Mar 2009
Date Written: January 30, 2009
There is a heated debate about executive remuneration in Germany. However, so far there is little more than anecdotic evidence about the structure and size of compensation packages for executives in Germany. In this paper, we provide evidence on remuneration practices in the average German Prime Standard firm. In particular, we show that only analyzing DAX blue chips produces biased results, since there are substantial size effects.
Note: Downloadable document is in German.
Keywords: Executive compensation, remuneration, Germany
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