Executive Compensation: Three Essays on Managerial Risk-Taking, Long-Term Orientation, and Convergence in Executive Compensation (Paperback) (ISBN-13: 9783848741199)

The empirical analyses of data from large German public companies that are presented in this book show that the introduction of long-term orientated remuneration components for corporate executives increases their willingness to invest in riskier investment portfolios, at least in the short term. The study furthermore demonstrates that a payment model which emphasises equity-based remuneration elements is not sufficient to increase executives' long-term orientation. The results of the study's final analysis show that payment of executives in large German public companies has become more consistent across the board in recent years.

Author: Friedrich Kley
ISBN-10: 3848741199
ISBN-13: 9783848741199
Publisher: Nomos Verlagsgesellschaft
Language: English
Published: 06/01/2017
Pages: 144
Format: Paperback
Weight: 0.44lbs
Size: 8.90h x 6.00w x 0.40d