search query: @indexterm Banking / total: 3069
reference: 266 / 3069
Author: | Burhop, C. |
Title: | Executive remuneration and firm performance: the case of large German banks, 1854-1910 |
Journal: | Business history
2004 : OCT, VOL. 46:4, p. 525-543 |
Index terms: | Banking Business history Executive remuneration Germany Pay |
Language: | eng |
Abstract: | This article discusses executive remuneration in relation to company performance during the years 1854 to 1910 for large German joint-stock Kreditbanken. The article is based on a case study and the quantitative data of nine large banks. The use of incentive-related contracts is shown. Compared with modern times, pay-performance elasticity was high. |
SCIMA