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Executive Directors' Remuneration in Comparative Corporate Perspective

Executive Directors' Remuneration in Comparative Corporate Perspective

  • 作者:
  • 出版商: Kluwer Law International
  • ISBN: 9789041156075
  • 出版时间 June 2015
  • 规格: Hardback , 400 pages
  • 适应领域: International ? 免责申明:
    Countri(es) stated herein are used as reference only

List Price: ¥1,287.80

¥1,249.17 Save ¥38.63 (3%)

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  • 描述 
  • 大纲 
  • 详细

    ‘Attitude’ looms large in any discussion of executive compensation. Yet here is a book that restricts its remit to what can actually be discovered about the corporate and contractual facts, figures, and rationales that determine how much a company director ‘earns’ in an increasingly complex system of executive remuneration that seems to be taking root worldwide. In a remarkably insightful collection of articles, legal scholars from ten different countries address the state of the art of executive service contracts in twelve different jurisdictions, as diverse as (on the one hand) the European Union, its central Member States and the United States, and (on the other) Iceland and Romania. Their analysis penetrates beyond the often vague regulatory framework to actual survey figures, consultants’ reports, and even data from a number of specific firms.

    Notwithstanding all the efforts of regulators and scholars, concise and accurate information of the content of executive service contracts is still scarce. However, the contributors to this book synthesize what can be brought to light on such aspects of executive compensation, in the countries covered, as the following:

    • measures of base salary–total ‘package’ proportion;
    • long-term incentive and option schemes;
    • clawback scenarios;
    • what CEO employment contracts contain;
    • separation of powers between shareholders and the supervisory board;
    • disclosure requirements; and
    • ‘unfair and unreasonable’ bonuses.

    In summary, this incomparable book provides the most thorough (diminished only by the subject’s pervasive lack of transparency) legal analysis of this extremely topical subject. Not only in its comparative method, but also in its wealth of specific detail on determinants of executive remuneration.

  • Editor

    Contributors

    List of Tables

    List of Figures

    Chapter 1 Remuneration of Top Executives and Service Contracts Christoph Van der Elst & Theo Raaijmakers

    PART I The European Union Perspective on Executive Remuneration

    Chapter 2 The European Remuneration Framework: Recent Policy Changes and Their Implications on Executive Remuneration Contracts Christoph Van der Elst & Marinka van Falier

    Chapter 3 The EU’s Approach to Banks’ Executive Remuneration Tom Dijkhuizen

    PART II The Common Law Approach of Executive Compensation

    Chapter 4 The Contractual Structure of Executive Remuneration in the UK Carsten Gerner-Beuerle

    Chapter 5 U.S. CEO Employment Agreements and Non-competition Provisions: A Literature Survey Randall S. Thomas & Norman D. Bishara

    PART III The Civil Law Strategy of Executive Pay

    Chapter 6 Rules and Practices of Executive Service Contracts in Belgium Christoph Van der Elst

    Chapter 7 French Executive Remuneration Policies: New Transparency Requirements for French Executives’ Compensation Véronique Magnier

    Chapter 8 Directors’ Remuneration in Germany Christoph Teichmann & Olga Gurman

    Chapter 9 Directors’ Remuneration in Italy Matteo Solinas

    Chapter 10 Executive Pay and Say-on-Pay in the NetherlandsAnne Lafarre & Christoph Van der Elst

    PART IV Alternative Views on Executive Benefits

    Chapter 11 Executive Service Contracts: The Icelandic Perspective in Danish Contrast Stefan Thor Ingimarsson & David Orn Sveinbjornsson

    Chapter 12 Legal Aspects of Executive Remuneration in Polish Listed Companies Arkadiusz Radwan & Tomasz Regucki

    Chapter 13 Executive Directors’ Contracts and Remuneration in Romanian Company and Capital Market Law Radu N. Catana., Adrian C. Popa & Vlad Verdes

    Bibliography

    Index

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