Remuneration of non-executive directors in German listed firms: an empirical note
- In the last years, non-executive directors are facing increasing duties and (legal) responsibilities. From that perspective, it is quite surprising that the remuneration of non-executive directors has received rather little attention so far. In this study we examine the German experience. We present the status quo of non-executive director remuneration and discuss its challenges. Specifically, we will look at the level of director remuneration and the (possible) problem of limited incentives.
Document Type: | Other |
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Language: | English |
Author: | Christian Lazar, Marc Steffen RappORCiD, Michael WolffORCiD |
Center: | Center for Corporate Governance (CCG) |
Year of Completion: | 2013 |
Note: | HHL Research Paper Series in Corporate Governance No. 12. Leipzig: HHL Leipzig Graduate School of Management, Center for Corporate Governance, 2013 |