Resource title

Personelle Unternehmensverflechtung und Vorstandsgehälter

Resource image

image for OpenScout resource :: Personelle Unternehmensverflechtung und Vorstandsgehälter

Resource description

Personal linkage between the biggest German corporations is subject to a special survey by the monopoly-commission every two years. For the latest reporting year 2004 linkage-data is used to examine the impact of personal linkage on the compensation of management board members. The assumed positive coherence approves in two ways. First, compensation of management board members rises with the amount of corporation-linkages by additional supervisory board mandates of the individual members of the management board. Second, the degree of personal supervisory board linkage by multi-mandates has a positive impact on the remuneration of the management board members. Estimation results turn out to be very robust compared to model-variations on the one hand and influence of different control variables on the other hand.

Resource author

Benjamin Balsmeier, Heiko Peters

Resource publisher

Resource publish date

Resource language

deu

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/25572

Resource license

Adapt according to the presented license agreement and reference the original author.