Topic
Two-tier system
About: Two-tier system is a research topic. Over the lifetime, 1 publications have been published within this topic receiving 1 citations.
Papers
Posted Content•
TL;DR: In this paper, the authors document three current trends in the compensation of non-executive directors in Germany and argue that the level of pay for nonexecutive board members is still too low in Germany.
Abstract: We document three current trends in the compensation of non-executive directors in Germany First, firms increasingly use performance-insensitive variable pay components, like committee and attendance fees Second, this comes at the expense of performance-oriented variable pay components, which often are eliminated altogether Third, the performance-insensitive pay components increase in levels While we appreciate the first trend, we criticize the second one Overall, we argue that the level of pay for non-executive directors is still (too) low in Germany
1 citations
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Performance Metrics
| Year | Papers |
|---|---|
| 2012 | 1 |