The Secret Salary—Corporate Governance of Pension Contributions to Members of the Management Boards in Dax-30 Enterprises in Germany in the Years 2015 and 2016  

作　　者：Nadine Leonhartsberger Ralf Wandmacher 

机构地区：[1]accadis University of Applied Sciences,Bad Homburg,Germany

出　　处：《Journal of Modern Accounting and Auditing》2018年第7期343-356,共14页现代会计与审计（英文版）

摘　　要：The salaries of the chief executive officers of the DAX-30 enterprises are often in the spotlight of the public and the general discussion.By contrast,the pension contributions for the members of the management boards of the DAX-30 enterprises are mostly below the radar,although they have become increasingly more significant during the past years.In spite of the given transparency by the German Corporate Governance Code(the“code”)and its obliging conversion into the management remuneration disclosure law(VorstOG),the pension contributions have not moved in the spotlights of the public and their attention.The illustration of the extent of the pension contributions for DAX-30 enterprises shows the quintessential point of this investigation.Additionally,their administrative forms are discussed,implied moral hazard problems are illuminated,and malus regulations for pension contributions are examined.The result of the investigation will contain recommendations for supervisory boards and the government commission of the German Corporate Governance Code as well as ideas for further research.

关 键 词：PENSION CONTRIBUTIONS MORAL hazard MALUS regulations 

分 类 号：H313[语言文字—英语]