Board Salaries – the Income of Managers

Definition, Explanation

Salaries paid to board members and managers are a popular topic in public discussion, also against the background of job losses and value destruction of companies. In the act of law “Vorstandsvergütungsoffenlegungsgesetz”, VorstOG, the German legislator ascertains disclosure of individual board members’ salaries. These are part of the German Corporate Governance Kodex, GCGC, which consists mainly of recommendations regarding what good corporate governance is. In the media, managers’ salaries are widely discussed: What do managers really earn, what should they earn, what is considered justified and fair, what do they think about their income themselves, what does comparison among countries reveal.

Last update: 11/19/2009

Newsletter

First name
Last name
Email *
save

RSS-Feed