@book{2017:kley:executive_,
title = {Executive Compensation},
year = {2017},
note = {The empirical analyses of data from large German public companies that
are presented in this book show that the introduction of long-term
orientated remuneration components for corporate executives increases
their willingness to invest in riskier investment portfolios, at least
in the short term. The study furthermore demonstrates that a payment
model which emphasises equity-based remuneration elements is not
sufficient to increase executives' long-term orientation. The results
of the study’s final analysis show that payment of executives in
large German public companies has become more consistent across the
board in recent years.},
edition = {1},
publisher = {Nomos},
address = {Baden-Baden},
series = {Controlling und Management},
volume = {18},
author = {Kley, Friedrich}
}