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| Author: | Elston, J. A. Goldberg, L. G. |
| Title: | Executive compensation and agency costs in Germany |
| Journal: | Journal of Banking and Finance
2003 : JUL, VOL. 27:7, p. 1391-1410 |
| Index terms: | Executives Compensation Corporate governance Agencies Germany |
| Language: | eng |
| Abstract: | Using unique data sources for Germany, the authors find that similar to US firms, German firms also have agency prblems caused by the separation of ownership from control, with ownership dispersion leading to higher compensation. |
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