Executive stock options in Germany: The diffusion or translation of US-style corporate governance?

Journal of Management and Governance

Volumn 8, Issue 2, 2004, Pages 173-186

  Buck, Trevor ^a   Shahrim, Azura ^a   Winter, Stefan ^b  

^a DE MONTFORT UNIVERSITY   (United Kingdom)

^b UNIVERSITY OF WÜRZBURG   (Germany)

Author keywords

Corporate governance; Executive pay; Translation

Indexed keywords

EID: 3843106847     PISSN: 13853457     EISSN: None     Source Type: Journal    
DOI: 10.1023/B:MAGO.0000026540.50790.81     Document Type: Article

References (24)

1. Adams, M.: 1998, "Cross Holdings in Germany", Paper Presented to the 16th International Seminar on the New Institutional Economics, June 17-19. Wallerfangen/Saar.
2. Bebchuk, L.A., J.M. Fried and D.I. Walker: 2002, "Managerial Power and Rent Extraction in the Design of Executive Compensation", University of Chicago Law Review 69: 751-846.
3. Berndt, C.: 1998, "Corporate Germany at the Crossroads? Americanisation, Competitiveness and Place Dependence', Economic and Social Research Council Centre for Business Research Working Paper #98. University of Cambridge.
4. Buck, T, A. Bruce, B. Main and H. Udueni: 2003, "Long-Term Incentive Plans, Executive Pay and UK Company Performance", Journal of Management Studies 40: 1709-1727.
5. Combs, J.G. and M.S. Skill: 2003, "Managerialist and Human Capital Explanations for Key Executive Pay Premiums: A Contingency Perspective", Academy of Management Journal 46: 63-73.
6. Driver, C. and G. Thompson: 2002, "Corporate Governance and Democracy: The Stakeholder Debate Revisited", Journal of Management and Governance 6: 111-130.
7. Fortune: 2001, "Fortune 2001 Global 500", Fortune, 23 July: F1-F43.
8. Hall, P.A. and D.W. Gingerich: 2001, "Varieties of Capitalism and Institutional Complementarities in the Macroeconomy: An Empirical Analysis", Paper Presented at the American Political Science Association Conference. San Francisco.
9. Hofstede, G.: 1997, Culture's Consequences: International Differences in Work-Related Values (Beverly Hills: Sage).
10. Latour, B.: 1987, Science in Action: How to Follow Scientists and Engineers Through Society (Cambridge, MA: Harvard University Press).
11. Latour, B.: 1996, Aramis or the Love of Technology (Cambridge MA: Harvard University Press).
12. Megginson, W.L.: 2000, "Corporate Governance in Publicly-Quoted Companies", Paper Presented at OECD Conference on Corporate Governance and State-Owned Enterprises in China, Jan 18-19. OECD, Beijing.
13. Murphy, K.J.: 1999, "Executive Compensation", in O. Ashenfelter and D. Card (eds.), Handbook of Labor Economics, Vol. 3. (Amsterdam: North Holland).
14. Murphy, K.J.: 2000, "Performance Standards in Incentive Contracts", Journal of Accounting and Economics 30: 245-278.
15. New Bridge Street: 1996, Paying for Performance: Long-Term Incentives in the Top 500 Listed UK Companies. (London: New Bridge Street).
16. Newman, K. and S.D. Nollen: 1997, "Culture and Congruence: The Fit between Management Structures and National Culture", Journal of International Business Studies 27: 753-779.
17. Rogers, E.M.: 1995, The Diffusion of Innovations (New York: Free Press).
18. Rottenburg, R.: 1996, "When Organization Travels: On Intercultural Translation", in B. Czarniawska and G. Sev≤n (eds.), Translating Organizational Change (New York: Walter de Gruyter).
19. Schilling, F.: 2001, "Corporate Governance in Germany: The Move to Shareholder Value", Corporate Governance: an International Review 9: 148-151.
20. Towers Perrin: 2002, Worldwide Total Remuneration, 2001/02. http://www.towers.com/towers_publications/
21. Westphal, J.D., R. Gulati and S.M. Shortell: 1997, "Customization or Conformity? An Institutional and Network Perspective on the Content and Consequences of TQM Adoption", Administrative Science Quarterly, 42: 385-391.
22. Wright, P. and M. Kroll: 2002, "Executive Discretion and Corporate Performance as Determinants of CEO Compensation, Contingent on External Monitoring Activities", Journal of Management and Governance 6: 189-214.
23. Yin, R.K.: 1995, Case Study Research: Design and Methods (London: Sage Publications).
24. Zeitz, G., V. Mittal and B. McAulay: 1999, "Distinguishing Adoption and Entrenchment of Management Practices: A Framework for Analysis", Organization Studies 20: 741-776.