Discussion Paper of the Institute for Organisational Economics 11/2020
Abfindungen für Vorstandsmitglieder ohne und mit Beschränkungen
Alexander Dilger
November 2020
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Abstract
Severance Payments to Members of Executive Boards without and with Limits
Recommendations on the limitation of severance payments to board members leaving early are often not followed. As long as board members cannot be dismissed against their will, limiting the severance payments is neither in the interests of the company nor efficient. Such a dismissal option should be created with a fixed entitlement to severance pay.