Hazard Rates and Personal Interdependencies in Supervisory Boards of DAX Companies
Balsmeier Benjamin, Dilger Alexander, Lingens Jörg
Zusammenfassung
We estimate and analyse the hazard rates of members of the supervisory board inGerman leading companies, listed in the DAX, with a special focus on personalinterdependencies with other supervisory boards and executives committees. We findfundamental differences between supervisory board members representing owners andthose representing employees. Several variables measuring personal interdependenciesare only relevant for the former whereas the latter have a longer tenure if the salary ofthe executives is higher, which can be interpreted as an indicator of collusion.
Publikationstyp
Sonstige wissenschaftliche Veröffentlichung
Publikationsstatus
Veröffentlicht
Jahr
2010
Band
10-19
Reihe
Discussion Paper 10-19 der German Economic Assocation of Business Administration
Sprache
Englisch
Gesamter Text