The Theory and Practice of Directors' Remuneration
New Challenges and Opportunities
Published on 6. January 2016
Book
Hardback
304 pages
978-1-78560-683-0 (ISBN)
Description
The recent financial crisis has led to a loss of trust in corporate governance and in particular on remuneration practices and the propensity for these to create excessive risk-taking - particularly in the financial sector. The main objective of this book is to outline recent practical and theoretical issues and examine emerging new approaches towards directors' remuneration in the post-crisis period. Written by an established network of international experts, the book provides new data in both cross-sector and cross-country analyses and therefore provides a unique opportunity to compare results and institutional practices across sectors and nations. The book argues for a correct balance between risk and reward and for Directors' compensation to be equitable to all parties and stakeholders. By examining the current theories, practices and regulations and explaining them in detail it provides a state of the art snapshot of one of the key corporate governance issues of our time.It will be essential reading for graduate students, researchers, lecturers and practitioners in corporate governance and auditing as well as all students in finance, accounting, management and law.
Reviews / Votes
Editors Kostyuk, Stiglbauer, and Govorun present readers with a collection of expert opinions and scholarly essays on the theory, process, and application of determining appropriate remuneration for corporate directors in the face of the recent financial crisis. The editors have organized the selections that make up the main body of the text in three sections focused on the theory of corporate governance and directors' remunerations, a cross-industrial analysis of remuneration practices, and a cross-country analysis of remuneration practices. Alexander Kostyuk and Dmitriy Govorun are faculty members of the Ukrainian Academy of Banking. Markus Stiglbauer is a faculty member of Friedrich-Alexander-Universitaet, Germany. -- Annotation (c)2016 * (protoview.com) *More details
Language
English
Place of publication
Bingley
United Kingdom
Publishing group
Emerald Publishing Limited
Target group
Professional and scholarly
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 21 mm
Weight
588 gr
ISBN-13
978-1-78560-683-0 (9781785606830)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Alexander Kostyuk | Markus Stiglbauer | Dmitriy Govorun
The Theory and Practice of Directors' Remuneration
New Challenges and Opportunities
E-Book
01/2016
Emerald Group Publishing Limited
€94.99
Available for download
Persons
Edited by Alexander Kostyuk, Ukrainian Academy of Banking of the National Bank of Ukraine, Sumy, Ukraine
Markus Stiglbauer, Friedrich-Alexander-Universitaet Erlangen-Nuernberg, Nuremberg, Germany
Dmitriy Govorun, Ukrainian Academy of Banking of the National Bank of Ukraine, Sumy, Ukraine
Markus Stiglbauer, Friedrich-Alexander-Universitaet Erlangen-Nuernberg, Nuremberg, Germany
Dmitriy Govorun, Ukrainian Academy of Banking of the National Bank of Ukraine, Sumy, Ukraine
Content
SECTION I: THEORY OF CORPORATE GOVERNANCE AND DIRECTORS' REMUNERATION
1. Corporate Governance and Remuneration - Udo C. Braendle and Amir Hossein Rahdari
2. Directors' Remuneration and Motivation - Udo C. Braendle and John E. Katsos
3. Executive Compensation in the 21st Century: Future Directions - Udo C. Braendle and Amir Hossein Rahdari
SECTION II: CROSS-INDUSTRIAL REMUNERATION PRACTICES ANALYSIS
4. Financial Companies - Regina W. Schroeder
5. Industrial Companies - Yusuf Mohammed Nulla
SECTION III: CROSS-COUNTRY REMUNERATION PRACTICES ANALYSIS
6. Directors' Remuneration in the United States - Andrew J. Felo
7. Directors' Remuneration in the United Kingdom - Jean J. Chen and Zhen Zhu
8. Directors' Remuneration in Germany - Markus Stiglbauer, Julia Wittek and Sven Thalmann
9. Directors' Remuneration in Italy - Marco Artiaco
10. Directors' Remuneration in Spain - Montserrat Manzaneque, Elena Merino and Regino Banegas
11. Directors' Remuneration in Ethiopia - Hussein Ahmed Tura
12. Reviewing Institution's Remuneration Requirements: From European Legislation to German Implementation - Oliver Kruse, Christoph Schmidhammer and Erich Keller
13. The European Approach to Regulation of Director's Remuneration - Roberta Provasi and Patrizia Riva
1. Corporate Governance and Remuneration - Udo C. Braendle and Amir Hossein Rahdari
2. Directors' Remuneration and Motivation - Udo C. Braendle and John E. Katsos
3. Executive Compensation in the 21st Century: Future Directions - Udo C. Braendle and Amir Hossein Rahdari
SECTION II: CROSS-INDUSTRIAL REMUNERATION PRACTICES ANALYSIS
4. Financial Companies - Regina W. Schroeder
5. Industrial Companies - Yusuf Mohammed Nulla
SECTION III: CROSS-COUNTRY REMUNERATION PRACTICES ANALYSIS
6. Directors' Remuneration in the United States - Andrew J. Felo
7. Directors' Remuneration in the United Kingdom - Jean J. Chen and Zhen Zhu
8. Directors' Remuneration in Germany - Markus Stiglbauer, Julia Wittek and Sven Thalmann
9. Directors' Remuneration in Italy - Marco Artiaco
10. Directors' Remuneration in Spain - Montserrat Manzaneque, Elena Merino and Regino Banegas
11. Directors' Remuneration in Ethiopia - Hussein Ahmed Tura
12. Reviewing Institution's Remuneration Requirements: From European Legislation to German Implementation - Oliver Kruse, Christoph Schmidhammer and Erich Keller
13. The European Approach to Regulation of Director's Remuneration - Roberta Provasi and Patrizia Riva